“Starting in 2022, Social Security will pay out more than it takes in”

“According to the Social Security Board of Trustees, the Old-Age and Survivors Insurance, and Disability Insurance (OASDI) Trust Funds will be depleted in 2034.

When this happens, only 77 percent of benefits will be payable…

In addition, the Disability Insurance trust fund will be depleted in 2028… Once that fund is depleted, 93 percent of benefits will be paid.”

Starting in 2022, Social Security will pay out more than it takes in

If you’re young don’t expect social security to be around when you retire. It won’t be.

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