Social Security Benefit Cuts Scare Me, but Not for the Reason You May Think
Social Security is not in danger of going bankrupt and canceling benefits across the board. That's the good news. The bad news, however, is that benefit cuts are a distinct possibility once the program's trust funds run out of money.
According to the most recent projections, that could happen in 2035. It could also happen a bit sooner or later, depending on different factors.
The point, either way, is that Social Security cuts may be coming. And that makes me really nervous -- but for the reason you might suspect.
Source Fool.com
