Sunday, September 30, 2012

Social Security Will Run Dry Even Sooner Than the Latest Bad Projection

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social securityFor the past several years, Social Security's Trustees have been reporting on the accelerating depletion of that program's Trust Fund. As recently as 2008, the Trust Fund's doomsday was projected to be as far away as 2041. But over the past several years that collapse date has inched forward and now sits at 2033.

Unfortunately, even that projection looks like it's a bit too optimistic. It turns out that there's a very real risk that next year's report will move that date even closer.

What...

Social Security Will Run Dry Even Sooner Than the Latest Bad Projection originally appeared on DailyFinance.com on 2012-09-29T06:00:00Z.

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