Social Security Is Staring at Its First Real Shortfall in Decades

Social Security Is Staring at Its First Real Shortfall in Decades
Anthony J. Ogorek | ED.D., CFP®

Anthony J. Ogorek | ED.D., CFP®

Social Security has a basic math problem that Congress is reluctant to face; the base of workers contributing to the program is shrinking while the pool of recipients is expanding – by 10,000 people per day! The longer Congress and the Administration procrastinate, the more unpleasant the ultimate fixes will be. For a good insight into a looming problem that will impact every working or retired American, check out this quick read from the NYT.

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