You can imagine, if somebody's approaching retirement, and all of a sudden the funds that he or she is depending on is depleted by 50% or however many, it gives them a sinking feeling in the pit of their stomach. ↗
No matter what job you do, we all have a much different life than our parents had. My parents' generation had one job and then they retired. Now, people have many different jobs. ↗
The fine print in the President's Social Security proposal is that all present and future workers under age 55 will have their promised retirement benefits cut. ↗