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The Retirement Iceberg Is Approaching

America's population is growing, but some segments of it are growing faster than others. Society is aging, and soon there will be more seniors, relative to younger Americans, than anyone expected 70 years ago when Social Security was founded. The program needs to evolve to meet the challenges of today and of the future. With our basic demographics so changed, looking backwards isn't a viable solution.

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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