It’s no secret that Social Security will be insolvent by 2034. If Congress allows that to happen, the consequences to retirees and future retirees will be steep. Yet, the politicians in Washington, DC, won’t pay much attention until there is a crisis with a real consequence. Now, it’s simple demagoguing and emotional attacks against those proposing ideas as a starting point.
There are five options, and none of them may be good at this point. Find out what they are, and what it will take to get a deal to shore up the popular program that virtually all Americans say is a top priority.