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News@lemmy.world · 1 day ago

Social Security payments predicted to be cut in 2032

www.newsweek.com

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Social Security payments predicted to be cut in 2032

www.newsweek.com

return2ozma@lemmy.world to

News@lemmy.world · 1 day ago

The Congressional Budget Office now estimates that the Social Security retirement trust fund will run out of money in 2032.

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1 day ago
So they want to put all of our SSA money into the stock market and hope that it generates enough profit to cover the declining workforce… I’m sure that 401Ks, social security, and banking IRAs all being dependent on the same stock market not failing isn’t a terrible idea.

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