# Social Security vs. Private Retirement Accounts **URL:** **By** Antony Davies **Published:** May 16, 2011 --- Prof. Antony Davies analyzes Social Security in the United States through the lens of a typical 22 year old American. Assuming that Social Security is completely solvent, the expected return on investment (ROI) of Social Security is far lower than the expected ROI of a private account. Further, if an individual could hypothetically opt out of Social Security payments and invest the funds entirely in Treasury Bills, the Treasury bills would even yield a greater ROI. For more, visit [LearnLiberty.org](http://www.learnliberty.org/).