My guess is that it will still be around when I hit the golden years (as a 1963 child, I'm considered by some to be in the very tail end of the Baby Boom) but for people younger than me, it is possible that by then it will have to be seriously modified to be sustained.
So what to do?
Certainly, as much as possible, I'd advise self-financing your retirement.
If you work is offering a 401k or 403b plan, then by all means sign up and start parking some money in it.
If your work place doesn't offer such things, look into an IRA either a traditional one or a Roth. I'm still learning which one to use under which circumstances. The Roth IRA uses currently taxed dollars which then are tax-free when you draw upon it in retirement. The Traditional IRA uses current untaxed dollars which will be taxed (theoretically at a lower tax rate) when you draw it out in retirement.
If you are a f…