Should You Count on Collecting Social Security Someday?
You may have heard the scary news that Social Security is running out of money. A trustee's report released in late August said that the Old Age and Survivors Trust Fund, which pays retirement and survivor benefits, will be depleted by 2034. That's one year sooner than last year's projections called for, due largely to the impacts of COVID-19.
If your retirement is a decade or more away, you may be wondering whether you'll ever get any of the money you've paid in. Read on to learn whether you should count on getting Social Security someday.
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Source Fool.com
