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Originally Posted by Manx
And just to be clear, the privatization of SS is not supposed to improve an individuals retirement benefits, it is very specifically supposed to remove the governments obligation to provide it (whether it improves benefits or not is a secondary intention). The exact opposite of what you are looking to gain.
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Even if that is true Manx, if you were 25 and had $10K to invest for your retirement if you put it into a mutual fund you would have many times more after 40 years than if you put it into SS. I can't imagine there will be many younger workers who will not opt to put their money in their own personal accounts rather than SS.