Chris Merrill Sits in Hour 2 Sosh: The trustees for the massive retirement programs: 05-12-24

Sosh: The trustees for the massive retirement programs project that Social Security will be insolvent by 2035, and Medicare by 2036, which would force benefit cuts. Many young adults are convinced that Social Security won’t be around when they’re ready to collect, and seniors are concerned about a cut in their benefits. Why is SSI Broken?: The trustees for the massive retirement programs project that Social Security will be insolvent by 2035, and Medicare by 2036, which would force benefit cuts. Many young adults are convinced that Social Security won’t be around when they’re ready to collect, and seniors are concerned about a cut in their benefits. What To Do?: With cuts eminent in Social Security benefits, we have to start looking out for ourselves.  Here’s what we can do. Grim Future: Saving/investing is the best way to look out for yourself. But, generationally, most aren’t doing it and that leaves a problem nationwide.  Looking ahead, the youngest working generation, Z, is looking like it’s going to be a tough uphill climb.