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Electile Dysfunction (Current students plz look!)
(09-24-2020, 11:18 AM)D_Eclipse9916 Wrote: Sorry, but most experts disagree that we will be insolvent on SS.  In fact, we can run at our current pay out till 2035 without a single change.  Even AFTER 2035 with WORST case scenario of no change; we will likely receive 75-90% of our benefit.  And that's at our current very low "return on investment that the fund gets".

I was wrong... its 25% reduction... and it is stable at the 25% reduced rate past 2035 (which i'm sure 99% of us are going to be 67 after that date)... still a terrible savings account lol

from the SSA: Currently, the Social Security Board of Trustees projects program cost to rise by 2035 so that taxes will be enough to pay for only 75 percent of scheduled benefits. This increase in cost results from population aging, not because we are living longer, but because birth rates dropped from three to two children per woman.
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