Social Security is in trouble. As the baby boom generation nears retirement age, Social Security is getting ever closer to negative cash flow, meaning there will be more people taking payouts from the system than there are workers paying in. The turning point will probably occur in 2016 or 2017.However, the Social Security Administration reports that the current schedule of benefits will be payable up until 2041, even if nothing is done to amend the system.
Make Social Security Part of the Retirement Plan
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