More than 75% of Americans who were surveyed said that Social Security will be a vital part of their retirement funding. Approximately 90% say that as a result of the recession, Social Security is more important to them than ever before since it can provide the security of a dependable income. This finding is significant in that some 30 million American citizens are expected to retire within the next 10 years.
In a survey of almost 1,500 adults conducted by the Benenson Strategy Group, 90% of the people they surveyed said that they were concerned about Social Securitie's ability to pay benefits for the next generation. Only 44% of people surveyed not presently receiving retirement benefits expressed confidence that Social Security would be available when they retire.
Of the people currently receiving monthly benefits, more than 90% said that it was an important part of their monthly income. Some 70% indicated that the funds were extremely important, while approximately 45% of beneficiaries suggested that without the monthly funds they would not be able to afford some of their basic living expenses.
For more information from this survey see: Reno, Virginia P. and Joni Lavery (2009). Economic Crisis Fuels Support for Social Security: Americans' Views on Social Security, Washington, DC: National Academy of Social Insurance, August.
Express your thoughts to your congressmen and make financial preparations for your own retirement by saving or investing as much as possible.
R. G. Letourneau was a committed Christian who made God his business partner. Often referring to God as the chairman of the board, this Stockton, California native used his God-given abilities to design, develop, and produce heavy earth-moving equipment. His machines were first used in farming, but with the onset of World War II he won contracts with the U.S. Army. His equipment had become so advanced that he produced more than two thirds of all the Army's earth-moving equipment during the war. God blessed Letourneau's partnership with him immensely. Letourneau became very wealthy. God blessed him so much financially that he began giving God more and more of his income. He reached such unparalleled success in business that every year he gave God 90% of all his earnings and lived off the remaining 10%. R. G. Letourneau demonstrated the awesome fact that God honors people who will trust and obey his will for their lives. Today, students studying at Letourneau University in Longview, Texas leave their mark on the world as they serve the Lord.
Seniors and the National Universal Healthcare Debate The many "Town Halls" being convened across America have awakened a desire within American citizens to express their strong views for and against President Obama's Universal Healthcare Bill. At this critical junction in our Nation's history, you have both a right and an obligation to express your views. This is true whether you are for or against Universal Healthcare.
The debate is healthy for both sides and is patriotism in action. Engage in the debate with your family, friends, and your Senator or Representative. Your views are important! Your right to express them was won by the countless men and women who paid the ultimate price...with their very lives themselves as they died to win and preserve our liberty.
Consider the words of our former President of the United States, Thomas Jefferson (1801-1809), the principle author of the Declaration of Independence (1776), and one of the most influential Founding Fathers of our Constitutional Republic. "The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants." Thomas Jefferson
(Read the full quote below.)
"God forbid we should ever be twenty years without such a rebellion.
The people cannot be all, and always, well informed. The part which is
wrong will be discontented, in proportion to the importance of the facts
they misconceive. If they remain quiet under such misconceptions,
it is lethargy, the forerunner of death to the public liberty. ...
And what country can preserve its liberties, if it's rulers are not
warned from time to time, that this people preserve the spirit of
resistance? Let them take arms. The remedy is to set them right as
to the facts, pardon and pacify them. What signify a few lives lost
in a century or two? The tree of liberty must be refreshed from
time to time, with the blood of patriots and tyrants.
It is its natural manure."