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cm0002@suppo.fi to United States | News & Politics@midwest.social · 3 days ago

‘No vote, no warning, just plain math’: Social Security is six years from an automatic 22% cut—and most Americans have no idea

fortune.com

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‘No vote, no warning, just plain math’: Social Security is six years from an automatic 22% cut—and most Americans have no idea

fortune.com

cm0002@suppo.fi to United States | News & Politics@midwest.social · 3 days ago
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17
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fedilink
  • cross-posted to:
  • usa@lemmy.ml
‘No vote, no warning, just plain math’: Social Security is six years from an automatic 22% cut—and most Americans have no idea | Fortune
fortune.com
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The retirement trust fund runs dry in late 2032, triggering an automatic cut for current and future retirees. Every year Congress waits makes the fix bigger.
  • Montagge@lemmy.zip
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    3 days ago

    Step 1: Be born into wealth

    • jumping redditor [they/them]@sh.itjust.works
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      3 days ago

      that helps with everything, or at least not being born into poverty.

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