 |
|||||
|
|
|||||
|
Online Since 1995 |
|||||
|
|
|||||
|
[Last Update: 5-13-09] Social Security Going Bankrupt Ahead of Schedule! For years the politicians have been telling us the Social Security System would last until 2041. But that rosy projection assumed our economy would continue to expand at a healthy pace. It didn't take into account the risk that we'd experience a mortgage meltdown. Now we're getting a much more realistic set of numbers. Taking into account this new lack of growth, the feds are now predicting that the Social Security System will begin paying out more than it takes in in only 7 years in 2016. And the system will go completely bankrupt not in 2041 but instead in 2037! I consider these projections to still be far too rosy but at least they're starting to get honest with us. Medicare is in much worse condition. Medicare began paying out more than it was taking in last year, in 2008. The system will go completely bankrupt in 2017, only 8 short years from now. Our 78 million "baby boomers" have already begun to file for retirement benefits from social security. The number of them filing will explode over the next few years. The party is over. It was fun while it lasted but it's over now. As a nation we've been living far beyond our means for decades and now the bill is coming due. Some very hard times are ahead. Order my report now and learn how to make money off the coming chaos - Order before it's too late! |
|||||
|
|||||
| Disclaimer: We are not in the business of providing financial advice or services of any kind. Always consult with your personal financial and legal advisors before attempting to use any of the tactics discussed on this site or on our publications. Do not break the law. Nothing on this site is intended to in any way encourage illegal acts either now or at any time in the future. This information is for informational and entertainment purposes only. | |||||
|
|||||
|
|
|||||
