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3 Reasons Social Security Isn't as Great as You Think It Is


Millions of seniors look to Social Security as their primary income source, and the program is instrumental in keeping a large number of retirees afloat. But make no mistake about it: Social Security is far from perfect. Here are a few inherent flaws with the program today.

Social Security will soon face a scenario where it owes more in benefits than it collects in revenue. We can attribute that to baby boomers' mass workforce exodus, coupled with the fact that younger workers aren't replacing them quickly enough.

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Source Fool.com


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