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Here's How I'd Fix Social Security Right Now


Despite making uninterrupted retired-worker payouts for just shy of 80 years, America's most storied and important social program finds itself on the verge of some very big problems.

Social Security, the program that 62% of retirees currently rely on to account for at least half of their monthly income, is set to be hammered by a number of ongoing demographic changes in the years to come. After generating a net-cash surplus in each of the past 36 years, the 2019 Board of Trustees report has forecast that, in 2020, Social Security will expend more than it collects for the first time since 1982.

Image source: Getty Images.

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Source Fool.com


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