4 Reasons Why Social Security Cuts Are Inevitable
Social Security retirement benefits keep millions of seniors out of poverty and help many more enjoy their later years with fewer financial worries. Sadly, while these earned benefits are both incredibly popular and incredibly important, they're probably going to be cut sometime within the next 15 years or so.
Although most of the public opposes cuts to benefits, the sad reality is that whether lawmakers act or whether they don't, there's a good chance future retirees will get less money than they were promised. Here are four reasons why.
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Source Fool.com