News flash! When you reach the age when you get to start collecting social security (if it is even around) your social security payments may be subject to as much as 85% taxation. That's right, you could possibly be paying the government back 85% of the social security they paid you throughout the year. The average retired american receiving social security today is around $25,000 a year in benefits. Therefore, if you are married and both collecting social security you do not end up keeping much of the $50,000 in social security benefits after paying 85% tax on that income.  This message should serve to motivate you to start saving for retirement and not count on social security to give the comfortable retirement life most people long for.  Max out that 401k, and start saving as soon as possible. You will thank yourself later, I promise. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app