The Social Security Administration expects their reserves to run out in 2035.
That’s a different pile of money than most other government functions, and so without either tax increases or legislati...
Coincidentally, 2035 is about the age for me to retire and collect.
My undergrad econ prof told us in 1988 or so that there wouldn't be any Social Security to collect when my generation retired, and I've never seen anything to suggest that he was wrong. If the US is still around, there will still be something they call Social Security, but it's not gonna be what my generation was promised.
My undergrad econ prof told us in 1988 or so that there wouldn't be any Social Security to collect when my generation retired, and I've never seen anything to suggest that he was wrong. If the US is still around, there will still be something they call Social Security, but it's not gonna be what my generation was promised.
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