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Monday, May 11, 2015

Study: Social Security in REALLY bad shape

http://www.usatoday.com/story/money/personalfinance/2015/05/09/cnbc-social-security/26997679/

New studies from Harvard and Dartmouth researchers find that the SSA's actuarial forecasts have been consistently overstating the financial health of the program's trust funds since 2000.
"These biases are getting bigger and they are substantial," said Gary King, co-author of the studies and director of Harvard's Institute for Quantitative Social Science. "[Social Security] is going to be insolvent before everyone thinks."

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