Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards

Retirement Planning > Social Security

Social Security Anecdote Of The Week

Your article was successfully shared with the contacts you provided.

NU Online News Service, March 3, 2005, 3:15 p.m. EST

Talking to young constituents about Social Security solvency is a sobering experience, according to Rep. John Kline, R-Minn.[@@]

Kline recalled a recent attempt Wednesday while speaking on the House floor in support of efforts to reform the system.

“Just this last week when I was back in my district, I was visiting one of the high schools,” Kline said, according to a version of his remarks printed in the Congressional Quarterly. “I had a group of students, about 3 classes, and we were discussing a large number of subjects, everything from the war to taxes to education, and one of the subjects was Social Security.

“I said, how many of you believe that Social Security is going to be there when you retire. Just asked the basic question. Not a hand went up. I thought, well, maybe they are just a little shy and do not want to raise their hand. So I reversed the question. I said, how many of you believe that Social Security will be gone when you retire? And about a third of the hands went in the air.”

Kline’s remarks are on the Web at


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.