(Bloomberg) -- Chad Gentry would rather bet on his own ability to save for the next 40 years than on the U.S. Social Security Administration’s solvency, so enrollment in his employer’s 401(k) plan was a no-brainer.

“I wanted to take advantage of that to help build retirement from the start,” said the 24-year-old, who has worked as an accountant at Fleet Feet Sports in Carrboro, North Carolina, for three years. “I’ve gone in with the mindset from day 1 to not plan on getting any Social Security.”

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