The Future of Social Security: Challenges and Solutions

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The United States. As baby boomers retire, there will be fewer workers paying into the system to support retirees. This leads to a projected funding shortfall starting in 2035 when the program's trust fund is expected to run out. Another challenge for Social Security is rising healthcare costs and longer life expectancy. As medical advancements help people live longer, they are also increasing healthcare costs, which puts a strain on the program's funding. This means that retirees are collecting Social Security benefits for longer periods, while the program is receiving less from workers to support it. To get more info visit here #Retirees h

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