Good news: It’s probably not zero.
As you’ve probably heard before, Social Security funds are expected to dry out by 2037, leaving millions of us without a significant source of retirement income. In 2015, about 39% of American retirees’ living expenses were paid with money from Social Security.
Financial site The Motley Fool has good news and bad news, quoting the trustees of the Old Age and Survivors Insurance trust fund (what we call Social Security):
Taxes will be enough to pay…
How Much Money You Can Expect from Social Security When the Trust Fund Dries Up
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