📋 Social Security Report Projects Shortfall by 2034 (AARP Article)

[SpringIsHereVA]

FROM ARTICLE.

Trust Fund Shortfall in 2034.

New forecast says benefit reduction rate could come a year sooner than previously predicted.

By Kenneth Terrell, AARP.

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Published June 18, 2025.

The trust funds Social Security uses to make sure recipients get their full benefits are projected to run out of money by 2034, according to the Social Security Board of Trustees. That date is one year earlier than the trustees estimated in their report last year.

Once the trust funds are depleted, beneficiaries would receive only 81 cents for every dollar they should be receiving, if federal lawmakers take no action to address the situation.

USE LINK BELOW TO READ THE ARTICLE.

https://www.aarp.org/social-security/trust-fund-shortfall-projected-2034/

[SpringIsHereVA]

I often wonder IF the folks WHO CAN FIX THIS donot need Social Security when they retire (IF not already). I say IF not already as many retirees still are working. I NEED mine & keep HOPING for some GOOD NEWS!!!