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R C Cafe » Eldership » Retirement Concept » Social Security going belly up, say analysts.
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Author Social Security going belly up, say analysts.
D Anderson
      Bristol, TN USA


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These rounded figures are pretty accurate and pretty disturbing:

By 2020 there will be 2 workers for every 1 person receiving SS. When the program began, it was about 40 workers to 1 recipient. Presently there about 3 to 1, which explains why the funds have been all but drained.

I hope my 2 will be Donald Trump and Bill Gates. LoL.

I seriously doubt that the next generation will agree to pay more than half (waaaay more) of their income in taxes for a generation that has had more opportunities than they will.

Seriously, things just might get so bad that we may have to trust God.

David Anderson

   

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