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While the so-called president starts culture and trade wars,
The majority of Americans don't have significant savings to retire. They expect Social Security to be there for them in old age.
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.