When I owned businesses from my 30s on often I didn't pay myself a salary or wages at all when that was still okay to do that. So, because of this I didn't pay into Social Security much after I started to own businesses partly because people thought it wouldn't be there when I retired at all. So, I thought this too. However, If you are working on a salary or for wages I recommend paying into Social Security because it just might be there like it is for me. However, I do get some social security and I do get Medicare mostly from jobs from age 10 or 15 years old until my early 30s when I was paying into Social Security regularly. So if you want it to be there for you you have to pay into it. I have seen nightmare stories of friends who never paid into it and worked for cash especially doing construction where basically when they couldn't work anymore they just died. This is the best way to put this. So you don't have to die when you cannot work anymore I would pay into Social Security now if you are working. Instead of paying myself wages or a salary I ran the business completely on a profit or loss basis which worked okay for me then. I'm presently 77 years old now and if it weren't for my wife and our business likely I wouldn't still be alive either financially or medically. So, you have to prepare for when you can no longer work even if you feel immortal like I once did too.
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