Thursday, December 29, 2011

Social Security Going Bust? That's the Small Problem

Filed under: ,

MedicareMany people are in a near-panic about the woes that Social Security faces. Accused of being a Ponzi scheme, the program is projected to run out of funds by 2036 -- and if it fails, potential consequences could be disastrous. But the other major government program that retirees rely on for their financial well-being faces an even bigger problem -- one that could come sooner than Social Security's demise and lead to more bankruptcy among retirees.

That program, of course, is Medicare, and the...

Social Security Going Bust? That's the Small Problem originally appeared on DailyFinance.com on 2011-12-28T13:55:00Z.

Permalink | Email this | Comments

Sent with Reeder

No comments:

Post a Comment