Americans Are Getting Older
The percentage of Americans age 65 or older is higher than ever before, reflecting increased lifespans. That's great news for all Americans, but it also means that the assumptions behind programs like Social Security need to take today's demographics, which are very different that those of only a few decades ago, into account.
Social Security Can't Pay Promised Benefits
A History of Payroll Tax Increases
Fewer Workers, More Retirees
Seniors Are Living Longer
Americans Are Getting Older
The Trust Fund
Growth in Federal Spending
Real Returns for Private Investments
The Retirement Iceberg Is Approaching
To Pay Scheduled Benefits, Payroll Taxes Would Have to Increase Over 50%
Delay Increases the Cost to Fix Social Security
Drastic Benefit Cuts When the Trust Fund is Exhausted
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