Speech: Saving for Retirement

1017 Words3 Pages

Speech: Saving for Retirement

General Purpose: To persuade

Specific Purpose: To persuade the audience to start saving for their retirement

Central Idea: Starting early to save for retirement has many benefits over Social Security

Introduction:

I. (Attention Getter) Only 2 people out of the 19 responses I got from the survey have started saving for their retirement.

A. This is understandable because most of us

probably think that retirement is something

that is eons away.

B. Because we are college students, our school

schedule only allows us to work part time.

C. Between the 2 people that has started saving

for their retirement, one person currently

works full time. And this person also is

participating in their employer's profit sharing

program or 401K plan. And this person

also owns stocks. This person already has a

good start.

II. (Credibility Statement) I myself have started saving for my retirement by starting an IRA.

III. (Reveal Topic) You simply cannot rely on Social Security to support you in your "Golden Years". You can never start too early to save for your retirement. In fact, the earlier, the better.

IV. (Preview) Today I will discuss Social Security and why the current system is not working, ways that you can start saving for your retirement, and the benefits of saving for your retirement instead of relying on Social Security.

(Transition: So let me start by discussing Social Security and why it is does not work)

Body:

I. Need Step

A. First I will explain what Social Security is.

1. Social Security is a Federal program ...

... middle of paper ...

...the bigger it will get.

C. With the earnings you make, 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 much better deal.)

Conclusion:

I. Action Step

A. Today I have talked about Social

Security and its problems, other ways

of investing your money for

retirement, and the benefits of

investing your money early for

retirement.

B. Whenever your retirement will be,

starting to save now for your

retirement will have big

benefits in the long run.

C. Don't start next year,

don't start next month,

start now.

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