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   soc.retirement      For seniors: retirement, aging, geronto      157,025 messages   

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   Message 156,166 of 157,025   
   (David P.) to All   
   Social Security Reserves Expected to Be    
   12 Jun 22 18:25:13   
   
   From: imbibe@mindspring.com   
      
   Social Security Reserves Expected to Be Depleted in 2035, Year Later Than   
   Prior Projection   
   By Andrew Duehren, June 2, 2022, WSJ   
      
   More broadly, the programs face a long-term financial challenge:    
   the aging of the baby boomer generation and a long-term decline    
   in fertility rates. As a larger share of the population taps into    
   the programs, costs will grow. At the same time, a comparatively    
   smaller share of the population will be working and paying into    
   the program, a shift that will require Congress to either raise    
   payroll taxes or cut benefits—or a combination of both—in the    
   long term, administration officials said.   
      
   https://www.wsj.com/articles/social-security-reserves-expected-t   
   -be-depleted-in-2035-year-later-than-prior-projection-11654199367   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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