- private investment fund
- your own money
- anyone can get one
- offered of your place of work
- involves your constributions
- must work for a certain period at the company to get it
- contributions of employee
What is Social Security?
- supplemental retirement system
- funded out of payroll taxes
Obama fights Privatization of Social Security
How does retirement relate to personal savings?
- more money after retirement
- more benefits
- more possibilites
- not tied up in debt
Investment calculator
See what Investment could do
| Year | Start with | Add 10% |
|---|---|---|
| 0 | $100 | $10 |
| 1 | $110 | $11 |
| 2 | $121 | $12.10 |
| 3 | $133.10 | $13.31 |
| 4 | $146.41 | $14.64 |
| 5 | $161.05 | $16.11 |
| 6 | $177.16 | $17.72 |
| 7 | $194.88 | $19.49 |
| 8 | $214.37 |
Saving Social Security


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