Thursday, January 27, 2011

New projections show Social Security fund will be drained by 2037

Here’s a cheerful little item to contemplate.I’ll be 87 when the year 2037 rolls around. If I don’t die before then, I’ll be faced with a loss of a good part of my income to survive with. Not a pleasant thought. The pols better get off their asses and straighten things out fast!

“Social Security's finances are getting worse as the economy struggles to recover and millions of baby boomers stand at the brink of retirement.

New congressional projections show Social Security running deficits every year until its trust funds are eventually drained in about 2037.”

 STORY HERE

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