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How Social Security Trust Funds Will Change Private Retirement Income
It can be difficult to completely avoid a $5 trillion elephant in the middle of one’s own living room. In an ironic twist, millions of people who are investing for retirement specifically to escape from dependence on Social Security may find that no matter where in the room they go – that elephant is still there. And over the years ahead, the spending down of the $5 trillion in Treasury bonds held in Social Security and other government trust funds may be transforming the returns on their private savings in ways they never anticipated...Read More
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