

Baby boomers are collecting 265% of what they paid into Social Security
Brief recap on how retirement savings work: you invest, and the money grows. See also: inflation adjusted dollars.
and millennials are paying the price
Fucking headslap. We have a basic understanding of how SS works. My kids will be “paying the price” for Millennials. This is nothing but inter generational rage bait.





Never get excited or scared about the final data point in a time series. Especially when it’s a ratio metric that will conceal it when the data begins that final data point is still only partial.
It’s right there with never start a land war in Asia and never go in against a Sicilian when death is on the line.