Young Americans Favor Personal Accounts

November 1, 2000

A new poll by the National Restaurant Association found that "An overwhelming number of younger Americans have lost confidence in the government's ability to safely secure their Social Security taxes and want the option of investing that money in accounts of their own choice." The poll, conducted for the National Restaurant Association by SWR Worldwide, found that:

• 71 percent of adults ages 18-34 believe that the Social Security system will not have money available to provide the benefits they expect for their retirement.
• 90 percent of adults ages 18-34 want the option to invest a portion of their Social Security earnings in investments of their choice.
  

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