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re: Social Security recipients to receive 3/4 payouts by 2035
Posted on 4/23/19 at 8:40 am to Revelator
Posted on 4/23/19 at 8:40 am to Revelator
quote:I doubt it. The number of people joining the workforce now will form a "boomer" generation, greatly outnumbering the aging class by that time. SS rates may even come down a bit.
I heard this on the Wall Street Radio program this morning, that if nothing is changed, SS recipients would only reiceve 3/4 of their benifits by 2035.
Do you believe this will happen, or some other solution will be offered?
4
Posted on 4/23/19 at 8:47 am to mmcgrath
quote:
SS rates may even come down a bit.
Posted on 4/23/19 at 8:50 am to mmcgrath
quote:
The number of people joining the workforce now will form a "boomer" generation, greatly outnumbering the aging class by that time.
Do you have ANY idea how many Americans were born in the mid/late 1950s? And how many decades it took for us to get to those size birth cohorts again?
quote:
SS rates may even come down a bit.
Posted on 4/23/19 at 9:01 am to mmcgrath
quote:
I doubt it. The number of people joining the workforce now will form a "boomer" generation, greatly outnumbering the aging class by that time. SS rates may even come down a bit.
Can you explain this?
Posted on 4/23/19 at 9:20 am to mmcgrath
quote:
mmcgrath
Should SS be mandatory or voluntary?
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