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Social Security, Medicare bleeding faster

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Old May 14, 2009 | 08:15 AM
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Social Security, Medicare bleeding faster

Social Security, Medicare bleeding faster



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.
Old May 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'.
Old May 14, 2009 | 08:37 AM
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social security is only something they take from me, I will never see the benefits of it. If I do, its extra.
Old May 14, 2009 | 08:44 AM
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SS is a tax on youth, i will never see a penny of the money i pay in
Old May 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
Old May 14, 2009 | 10:25 AM
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IRAs ftw.
Old May 19, 2009 | 10:58 AM
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I never once thought that SS would be there for me anyways. Pre or Post Obama....
Old May 19, 2009 | 11:56 PM
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whats the news with 401k
Old May 20, 2009 | 08:17 AM
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**** me........
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