Most Americans seem well aware that Social Security is in trouble and running out of money. As indicated by the Social Security Board of Trustees and reported by writer Lorie Konish, the program’s trust funds are projected to be depleted in 2035, at which time only 80 percent of promised benefits will be payable. According to the latest Aegon Retirement Readiness Survey, only eight percent of surveyed Americans think that the federal government should take no action to shore up the system.
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