Where Could Social Security Be in 30 Years?
There has been all kinds of speculation about the future of Social Security, ranging from minor changes to a complete overhaul of the current system. We asked three of our analysts where they feel Social Security is heading–The largest drop in worker-to-beneficiary ratios in history is right around the corner as baby boomers begin to retire. When Social Security was first established, the ratio was 15-to-one; today, it’s closer to three-to-one. It’s only getting worse as the population ages and the birth rate declines….Read More