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Wednesday, June 29, 2016

Scathing New Report Shows Just How Bankrupt Social Security Really Is

https://www.ssa.gov/oact/trsum/?inf_contact_key=47b88b2879d6e183ac490bb555197e607c7a1fc8fb39e5ed9816317d3392a203

https://www.sovereignman.com/trends/scathing-new-report-shows-just-how-bankrupt-social-security-really-is-19953/

Last week, a group of analysts published an astonishing report about the future of Social Security in the United States, and their remarks were nothing short of damning.
According to their calculations, for example, these analysts claim that Social Security is already running a huge deficit to the tune of tens of billions of dollars each year.
In fact, this Social Security funding deficit has been taking place for several years now, and it’s actually accelerating. So the problem worsens each year.
According to the analysis, the astounding rise in Social Security recipients vastly outpaces any growth in tax revenue received into the program. And this trend will continue for decades.

 So, when SS fails, your money will be "safe" in a solo 401k or self-directed IRA? Hahahahahaha! sure it will.

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