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4 Dividend Stocks to Hedge Against Social Security Failure

I have every bit of faith and confidence that Congress will continue to irresponsibly offer benefits they cannot afford to give. From that angle, I'm not terribly worried about Social Security. They will find a way to print money, or practice more creative accounting.

What I am concerned about, is how they're going to hide the offsetting costs of these benefits. My guess is that they will print the money, or write the IOU's from other holes in the budget. With the excess money supply, the fed will start jacking up interest rates, impeding future growth. We'll pay for it through inflation and slower growth, and never see an additional dime taken out of our checks.

So, I'll say that Social Security will remain around, but it will be much less valuable than it is today. For my personal retirement planning, I'm assuming it will grow at half the rate of inflation, but I'm preparing for less.