The retirement age needs to be raised. A portion of Social Security ought to be privatized, if not all. And there probably needs to be some means testing. It's a Ponzi scheme that's not sustainable.

Voters should be assured that I absolutely do not support raising the retirement age for Social Security.

Social Security is more than just a retirement program. The biggest misunderstanding is that it's a program for old folks.

The full retirement age is 67 and the lifespan is 80, so when they first conceived Social Security, they didn't think they were going to be paying benefits for 13-15 years. That's one of the reasons why this pyramid scheme isn't working.

As the baby boomers age, the issue of retirement income security will be paramount for this growing sector. Our products are specifically designed to meet post-retirement savings needs.

In order to fix Social Security, we must restructure it so that we continue to provide for our Nation's seniors that are approaching retirement age, but allow for younger taxpayers to invest a portion of their Social Security taxes in private accounts.