Social Security Finally Bankrupt?

This was an interesting and scary article I just read on Yahoo! Finance.  It says that social security is finally bringing in less money than it’s paying out.  And to add to that, because people’s homes and stock portfolios have depreciated so much, social security has become a much more critical piece of elderly people’s livelihood.  So, the inevitable social security problem that was always said to be in the future is finally here apparently.  Here is the whole article:

http://finance.yahoo.com/focus-retirement/article/108747/next-in-line-for-a-bailout-social-security?mod=fidelity-readytoretire

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This entry was posted on Thursday, February 4th, 2010 at 11:04 am and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.

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