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The Social Security Meltdown: A $35 Solution

By: Stephen L. Nelson, CPA Retirement Planning Views: 5214 | Comments: 0 | Votes: 0

Stephen L. Nelson, CPA

I've been thinking about those regular benefit statements we all get from Social Security. You know the ones I mean. They report on your lifetime earnings. And then they also say that about the year 2038, the system will have to cut benefits by 27% to stay solvent. The Problem A benefit cut sucks, of course. Yikes. Sound crazy? Maybe it is. Seattle accountant Stephen L. More