Is Social Security worth paying for or not?

Social security is worth paying for, it is also a guarantee for our old age.

There is no doubt that social security has become another major need of people after house and education. Although many people's awareness of social security is gradually increasing, but the social security worth paying has been a topic of discussion, some people think it is worthwhile to pay social security, it is worthwhile; while some people think it is a total loss, it is not worth it.

The key to the question of whether or not social security is worth it lies in the question of pensions. For people who live a long life long life, pay social security pension is expected to be even with interest will come together, obviously worth it; for people who live a short life, may receive a pension, not enough to pay their own to come more, it is enough to show that it is not worth it.

This kind of idea to judge although a little let a person is unable to refute, but I still think that the payment of social security is very necessary, and is very worthwhile. We can't estimate how long or short a person's life will be, and paying into social security is a way to protect against the unpredictable future, while at the same time getting a basic and sizable income in our old age. It will ease the burden of the children and at the same time provide security of life. So taking Social Security must be worthwhile and the most cost-effective way to retire.

Many people are worried that the pension they receive after paying social security may not be able to keep up with the price increases. But we can conclude from the pension formula that the pension is determined by the previous year's social wage. In other words, whether you will receive your pension in the next 10 or 20 years, your pension entitlement will be within a reasonable value. This will match the level of consumption in the future, and will be able to go against future monetary inflation.

The pension has been 15 consecutive increases up to this year, so that we can clearly find the pension is every year there are in the upward adjustment. For we have to pay social security to receive pension retirees, the future of the pension will also be more and more take more and more. Obviously for other investment financial insurance, social security big return and yield is far higher.

Paying for social security is not only to protect our old age, but also to protect our medical health. If you're sick and hospitalized and don't have social security, you'll have to pay the high medical bills out of your own pocket. And have to pay social security will be able to make good use of the health insurance this resource, pharmacy card to buy drugs, hospitalization reimbursement, compared to not pay social security, sick with the payment of the obvious will have more courage to enter the hospital.