Saving for Retirement: What Do You Know?

Carefree, But Without Savings

Daniel is in his mid-40s and single. He has no children, other dependents, or siblings. He has moved from job to job throughout his career as a graphic artist and never thought much about joining any of his employers' retirement plans. Daniel isn't "independently wealthy," but he's not concerned about saving for retirement either. Signing up for a retirement plan and choosing where to invest his money have seemed too time-consuming and complicated. He believes that Social Security will support him in his older years.

Should Daniel make plans to save for retirement, even though he's single and independent?

Yes/No
Would it be a good idea for Daniel to sign up for the retirement plan where he works, even though he's likely to change jobs soon?

Yes/No
Should Daniel plan to rely only on Social Security to support him in his older years?

Yes/No