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How Social Security Will Run Dry by 2035 | Facts Matter

How Social Security Will Run Dry by 2035 | Facts Matter

Published 1 year, 2 months ago
Description

The Social Security program is quickly approaching the point of insolvency.

According to a new analysis by the Committee for a Responsible Federal Budget, within the next nine years—if nothing changes—the average retired couple will see their benefits reduced by $16,500. At the same time, inflation over the next nine years will likely make goods and services significantly more expensive. Join host Roman Balmakov on this week’s episode of “Facts Matter.”

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