Social Security: It’s A Bleak Picture
Social security is often taken as a given. Those in younger generations see it as something they have to pay into. They also believe they’ll eventually reap the benefits of those payments once they retire.
Such a reality is nowhere near a given. The following article beautifully highlights the predicament we find ourselves in with social security. In simplified terms, the government has consistently taken from the pot and social security is now running at a deficit.
A business as usual approach is not going to work. It will leave our children and grandchildren without benefits.