What Happens If Social Security's Asset Reserves Run Out?
According to the Social Security Board of Trustees, America's most important social program is nearly at an inflection point -- and it's not one that folks have been looking forward to.
Based on short- and long-term estimates found in the latest Trustees report, Social Security, a program that's currently providing a payout to more than 64 million people a month, is very close to expending more than it's generating in revenue.
Image source: Getty Images.
Source Fool.com
