We have promised more than we expect to take in: Looking indefinitely into the future, Social Security has a $28.5 trillion unfunded liability, according to the latest Trustees report.
Social Security: An Unhappy 80th Birthday
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We have promised more than we expect to take in: Looking indefinitely into the future, Social Security has a $28.5 trillion unfunded liability, according to the latest Trustees report.
Social Security is far more complicated than most people realize. In fact, it is so complicated that even PhD economists are losing tens of thousands of dollars because they don’t know how to maximize the benefits the system owes them.