From the Office of: Aaron DeHoog
Financial Publisher, Newsmax Media

The Social Security Problem

Recent statistics show that six out of every 10 people will rely on Social Security benefits for over half their retirement income.

If you are a "Baby Boomer" between the ages of 46 and 64 . . . you will want to pay close attention to the THREE MAJOR PROBLEMS of relying on Social Security benefits for your retirement.

*(And if you are already retired — you should definitely take note of these problems because they will affect you even more . . . )

SOCIAL SECURITY PROBLEM #1:

According to the Social Security Administration — unless you are disabled, you cannot receive full Social Security benefits until you reach 67 years of age.

But this could change very soon.

You may have to wait until you're 70 years old to collect all the benefits you paid for!

According to the American Academy of Actuaries, increasing the full benefit entitlement age to 70 could cut the current Social Security deficit in half.

And while that may help sustain Social Security for a few years longer — it's certainly NOT good news for you!

After all, it's like putting money into a bank account all your life, and when you want to start withdrawing it the bank says, "Sorry — you need to wait another three years before you can start taking out the maximum withdrawals OF YOUR OWN MONEY!"

I don't know how you'd feel about that — but I'd be outright furious if a bank told me that. I don't like the idea of waiting three more years to collect my money!

But it gets worse . . .

SOCIAL SECURITY PROBLEM #2:

Because the life expectancy has increased and since there is a massive wave of over 75 million Baby Boomers who will turn 67 in 2013 . . . Social Security benefits may be drastically reduced when you retire — or worse yet . . .

Social Security may bankrupt itself before you retire!

It is easy to see how this could happen since there will be an increasing number of retirees withdrawing their benefits from the system over the next 20 or more years (not to mention with the government "borrowing" money from these funds, how will you get paid?).

SOCIAL SECURITY PROBLEM #3:

There are a decreasing number of younger people paying into the system. With today's rising number of unemployed workers who don't pay into the system and the increase of people working "off the books" for cash who don't pay into the system — it's clear that the Social Security system is set to fail.

As a result, many people are catching on to the fact that the Social Security system is nothing more than an elaborate, government-run "Ponzi scheme" . . . also known as a pyramid scheme.

Who will end up losing when it collapses? You will.

And if you're part of the majority of the population who will rely on the Social Security system for a substantial part . . . or all of your retirement income — then instead of enjoying your Golden Years of retirement you could end up suffering the indignities of having to rely on the charity and support of others.

But, Despite The Bad News About
Social Security, There Is Still
Plenty Of Hope For Your Retirement!

My name is Aaron DeHoog, Financial Publisher of Newsmax Media, and in this letter I will show you how you can not only save your retirement investments if they have decreased during these turbulent economic times — but I will also give you the opportunity to retire up to 7.5 years earlier than the average U.S. citizen.

For more of this article go to:  http://w3.newsmax.com/fir/fir_ss.cfm?s=al&promo_code=B037-1