The proposed rule change would mean that Social Security recipients could have their guns confiscated if they're “unable to manage their own affairs.”
Social Security Check
While most would agree that people who are severely mentally unstable or incompetent probably shouldn't have guns, where will the government draw the line? If you're bad at keeping a budget or forget where you left your keys?
Unfortunately, we can probably count on the government to use the most intrusive standard possible. All the more reason to prepare and save for your own retirement, rather than relying on the government to take care of you.
Want to know more? Check out these related articles:
- Prepping for Financial Collapse
- How to Retire Comfortably After A Financial Crisis
- Set Up Your Crash-Proof Emergency Fund Before It's Too Late
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Editor’s Note: This post was originally published on July 20, 2015, and has been updated for quality and relevancy.