We Are SCREWED! Social Security Won't Pay Full Benefits By 2035

There’s a reason some people refer to Social Security as “so so” security: officials have confirmed that tens of millions of Americans will only get about 80% of their social security benefits by 2035.

The annual trustees report released projects the program will be spending more than it's bringing in by 2020 and trust fundswill be tapped out by 2035. As in, all that money coming out of your check? It’s gone…you’re not likely to be getting it back.

As such, trustees are urging Congress to take action to reverse the shortfall and guarantee Americans will get their full benefits. The House has already held hearings on social security reform and one bill has gained support from more than 200 lawmakers.

Source:The Hill


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