Will Overly Generous Assumptions Doom Social Security Sooner?
The Social Security trustees recently released their annual report for 2022. Remarkably, their estimates showed the program's combined trust funds lasting until 2035, a one-year reprieve vs. the 2034 depletion date they projected last year.
Of course, every modeled projection is based on assumptions for the future. Unfortunately, there is a significant risk that the assumptions that Social Security's trustees put into their modeling will turn out to be overly optimistic. If that turns out to be the case, then those overly generous assumptions could very well doom Social Security's trust funds to deplete sooner than the 2035 date that its trustees project.
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Source Fool.com
