Speech: Saving for retirementGeneral objective: To persuadeSpecific objective: To persuade the public to start saving for retirementCentral idea: Starting to save for retirement early has many advantages over social securityIntroduction:I. (Attention Getter) Only 2 people out of the 19 responses I received in the survey have started saving for retirement.A. This is understandable, because most of us probably think of retirement as something that awaits us in a distant eternity.B. Because we are students, our school schedule only allows us to work part-time.C. Among the 2 people who started saving for retirement, 1 person is currently working full time. And this person also participates in their employer's profit sharing program or 401K plan. And this staff also owns shares. This person already has a good start.II. (Credibility Statement) I myself began saving for retirement by starting an IRA.III. (Reveal topic) You simply can't count on Social Security to support you in your "golden years." You can never start saving for retirement too early. In fact, the sooner the better.IV. (Overview) Today I'm going to discuss Social Security and why the current system isn't working, ways you can start saving for retirement, and the benefits of saving for retirement instead of counting on social security. (Transition: So let me start by discussing Social Security and why it doesn't work)Body: I. Need Step A. First I'll explain what Social Security is.1 . Social Security is a federal program...... middle of paper ...... the bigger it becomes.C. With the income you earn, you will be able to pay for your child's education. You can even start saving now to pay for a future child. (Transition: So, compared to Social Security, putting your money in stocks and other investments for retirement is the best deal.)Conclusion:I. Action Step A. Today I talked about Social Security and its problems, other ways to invest your money for retirement, and the benefits of investing your money early for retirement. Regardless of when you retire, starting to save for retirement now will have great long-term benefits. Don't start next year, don't start next month, start now.