Social Security Has a $67 Billion Problem. Should Current and Future Retirees Be Concerned?

Social Security is one of America's most valued and important social programs, but unfortunately, it's facing a significant problem: The cost of the program is exceeding how much it's bringing in.Given the deficit that Social Security had in 2024, should current and future retirees be concerned? For most current retirees, no. However, if you're a current worker or approaching retirement, it's an issue worth keeping an eye on, because potential changes to Social Security will eventually affect you.Let's look at the $67 billion issue that Social Security is facing.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool