Social Security, Medicare bleeding faster
05-14-2009, 08:15 AM
#1
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Social Security, Medicare bleeding faster
Social Security, Medicare bleeding faster
All you youngster had better start saving now.
All you youngster had better start saving now.
The Medicare hospital trust fund will exhaust its reserves in 2017, rendering it insolvent two years earlier than the trustees predicted last year.
Assets in the Social Security trust funds will be exhausted in 2037, four years sooner than last year's report projected.
Assets in the Social Security trust funds will be exhausted in 2037, four years sooner than last year's report projected.
05-14-2009, 08:22 AM
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Yup yup. I never planned on relying on either of these services later on. I've been hearing stories about the govt. borrowing from SS and how the baby boomers were going to drain both medicare and SS since I was a youngin'.
05-14-2009, 09:51 AM
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my dads was actually reduced. he now makes 650 with social security and disability. He is also not allowed to work so he has to live off 650 a month. I love the system
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