Few topics are more politically “radioactive” today than Social Security. Baby Boomers in particular are impacted by the future (or non-future) of this “social contract” between the US government and its citizens. For years, we’ve been told that Social Security has been “fixed” by Congress – multiple times. Similar government retirement programs exist in other Western countries. We explain that this contentious issue is not really about politics – although it’s certainly being exploited for political purposes in the “blame game” – it’s about MATH. Every Boomer needs to understand why Social Security is fiscally unsustainable in the long term. The video below not only explains that, but it also looks at possible long-term solutions. Yes, they are painful, but there are no options at this point without pain.
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