The Future of Social Security
Category: Social Security
March 29, 2025 — Social Security’s future has long been discussed, usually with a negative picture. The Trust Funds are running out because more in benefits is being paid out than is contributed by workers.
The latest estimate is that the retirement portion of SSA Trust Funds will be depleted by 2035 – just 10 years away. At that point, if nothing is done, only about 83% of promised benefits could be paid.
AARP has just written an excellent article with everything you need to know about Social Security’s future – almost. The one thing it doesn’t cover is the current turmoil over SSA employee firings, office closings, web site crashes, and threatened benefit cuts.
It is an informative article and we recommend you read it to better understand where we are with this important benefit.
Comments on "The Future of Social Security"