Speech: Saving for Retirement General Purpose: To Persuade Specific Purpose: To persuade the audience to start saving for retirement Core Idea: Starting early to save for retirement has many advantages over to Social Security Introduction: I. (Attention) Only 2 people of the 19 responses I received from the survey have started saving for retirement.A. This is understandable because most of us probably think that retirement is something that is centuries away. Since we are college students, our school schedule allows us to only work part time.C. Of the 2 people who started saving for retirement, one person currently works full time. And this person also participates in their employer's profit-sharing program or 401K plan. And this one personally also owns shares. This person already has a good start.II. (Credibility Statement) I myself started saving for my retirement by starting an IRA.III. (Reveal Topic) You simply can't rely on Social Security to support you in your "golden years." You can never start saving for retirement too early. Indeed, the sooner the better.IV. (Preview) Today I'll talk about Social Security and why the current system doesn't work, ways you can start saving for retirement, and the benefits of saving for retirement instead of relying on Social Security. (Transition: Let me start by discussing Social Security and why it doesn't work)Body:I. Step A is required. First I will explain what Social Security is.1. Social Security is a federal program... middle of paper... the bigger it gets.C. With the income you earn, you will be able to pay for your child's education. You can also start saving now to pay for a future child. (Transition: So, compared to Social Security, investing your money in stocks and other retirement investments is a much better deal.)Conclusion:I. Action StepA. Today I talked about Social Security and its problems, other ways to invest your retirement money, and the benefits of investing your retirement money early. B. Whatever your retirement date, starting to save for retirement now will have great long-term benefits.C. Don't start next year, don't start next month, start now.
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