I came to a different conclusion. That you should expect a 25% haircut through a combination of benefit cuts, tax increases, and not keeping up with inflation. That's bad, but Social Security is not going to entirely implode.
I came to a different conclusion. That you should expect a 25% haircut through a combination of benefit cuts, tax increases, and not keeping up with inflation. That's bad, but Social Security is not going to entirely implode.
That’s the recommendation in the conclusion, and probably the advice I’ll follow because I don’t really have a better idea. Need to strike a balance between optimism and pessimism.