3 Reasons Social Security Isn't as Unreliable as You Think
Social Security is in trouble. The program's Trust Funds are currently expected to run out of money in 2034, which would slash benefits by nearly a quarter. As if that weren't enough, the program's returns are failing to keep up with inflation, which could drain that money even faster. All that adds up to significant reason to worry about that critical program's mid- to long-term future.
Despite those very real worries, there are good reasons to believe the program can continue for the long haul. It will have to look different in the future than it does today, but it should still be able to provide something for retirees. For these three reasons, Social Security isn't as unreliable as you think.
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Source Fool.com
