I'm not the expert to ask. My view is that many people are relatively poor at managing their own money, that Social Security is supposed to be social *insurance* against everything else involved in one's retirement planning going wrong, and that as a result it should stay more or less as it is: raise taxes a little, cut benefits a little, and so restore the system to anticipated fiscal solvency.(posted 8747 days ago)Others disagree vociferously...
One thing on my list of things to recommend is Martin Feldstein (2000), _Privatizing Social Security_ (Chicago: University of Chicago Press). A second thing is Dean Baker and Mark Weisbrot (1999), _Social Security: The Phony Crisis_ (Chicago: University of Chicago Press).
But if you've already read these, I can recommend more...