Social Security didn't even show up until 1935 and by 2018 the number of workers paying into the program will be smaller than those taking out. So, it's not looking good. Something's going to have to break....the scary part is, on the website below it says that, I think, 19% of people receiving Social Security depend solely on it for their retirement. That's NOT good.
Amazing how dependent we have become on the program in less than 70 years on the program.
2 kitties, I think I remember reading about this, the money we are paying in now is what is paying the benefits to the people who are receiving now, so, I guess that's why we don't have control over our own money....
Here's the website.
http://www.mysocialsecurity.org/quickfacts/






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