"No greater tragedy exists in modern civilization than the aged, worn-out worker who after a life of ceaseless effort and useful productivity must look forward for his declining years to a poorhouse. A modern social consciousness demands a more humane and efficient arrangement."-- Franklin Roosevelt 
President Roosevelt is the one who signed Social Security into law, and it has become a critical part of Americans' retirement security ever since. Indeed, most elderly beneficiaries get 50% or more of their income from Social Security. It's therefore rather important that we not base any of our retirement-related thoughts or actions on Social Security myths.