In his speech at the recent forum on Social Security. President Bush stated that “If you are 20 years old, in your mid-20’s and beginning to work.
I want you to think about a Social Security system that will be flat bust, bankrupt, unless the United States Congress has got the willingness to act now.”
He also warned of a potentially “bankrupt” system in a radio address last month referring to demographic changes that signal a looming danger.
Bush went on to say, “In the year 2018, for the firs time ever, Social security will pay out more in benefits than the government collects in payroll taxes.”
2018 is only ten years away. Are you certain that Social Security as we know it will be available when you are eligible to draw benefits?
If you are like me, I would not be so certain that our government will be in a position to provide the benefits that you worked hard to earn and so richly deserve. So what are you to do?
Maybe you should consider an alternative, something that can produce income when you need it. Have you given a thought to starting a network marketing business?
Network marketing provides a unique opportunity for someone to develop a part time business that in a few short years could make up the gap that might exist if you were to lose your Social Security benefits.
Earning two to three thousand dollars a month is quite achievable in 2 to 4 years while only working 8 – 10 hours a week in a home-based network marketing business.
So don’t despair. You have options. Plan for the worst and hope for the best.