timelets

While the so-called president starts culture and trade wars,

The combined Social Security trust funds -- one for disability, one for retirement -- as well as Medicare's hospital-insurance trust fund, will begin eating into their reserves this year, according to reports released this week by the programs' trustees. The trust funds for these safety-net programs are now projected to diminish until they are depleted. The Medicare hospital-insurance fund is projected to run dry in 2026.

PD 8 June 2018
SN The Wall Street Journal

The majority of Americans don't have significant savings to retire. They expect Social Security to be there for them in old age.