Social security is financed with the idea that those people currently working, along with their employers, can donate enough money to pay the benefits to those currently getting them: not only retired people but some people with disabilities, and some widows with young children. When Social Security first began, this system worked well. The problem facing Social security is that the numbers of retirees are going to increase at the same time the numbers of workers will decrease. When Social Security began, there were five workers for every one person receiving benefits. Current projections, however, suggest that by 2030 that ratio will be three to one. By 2080, it is expected to shrink to two to one (Reynolds, PAGE). This system, called "Pay as You Go," will eventually be unable to provide all the funds needed to make payouts to individuals, and will essentially be bankrupt.

Several solutions have been...
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