You're Paying for Someone Else's Retirement, And Hopefully Someone Will Pay For Yours

HigherIQ · Aug 17, 2026 · 5m

00:00 — Introduction 00:36 — Before Social Security, Half of Seniors Were Poor 01:36 — It's Not a Savings Account 03:05 — Will It Be There When I Retire? 04:39 — Wrap Up Sources: - Lawyers.com - Social Security: Why It Was Created and How It Works: https://legal-info.lawyers.com/social-security/social-security-basics/social-security-why-it-was-created-and-how-it-works.html - Peter G. Peterson Foundation - Budget Basics: How Does Social Security Work?: https://www.pgpf.org/article/how-does-social-security-work/ - SSA - Social Security: A Program and Policy History…