If you are working, do you plan on retiring some day? If you were planning on retiring on Social Security alone then I have bad news for you. The paltry benefit amount that Social Security pays (if there is any money left in the trust fund when you retire) will only be enough to give you a steady diet of canned food at retirement. Unlike your grandparents, the new reality of retirement planning means taking control of your future by investing your money into an individual retirement account. You can no longer on Social Security alone to provide a comfortable life during retirement.
