I hope the current Wall Street flap has put paid to the financial weasels' suggestion that we privatize Social Security. Aw, they so wanted to be of help managing our retirements. For a fee, of course.
Sure, it's a good idea to save regularly for emergencies and retirement.
But if you've been too busy living from paycheck to paycheck to build up a private retirement stash you’ll be glad for your socialized retirement plan and your socialized medical program.
In your "golden years" Social Security and Medicare are your only safety net.