Monday, May 11, 2015

5 things to know, including a new take on how long Social Security can last

Good Morning, South Florida. 1. Social Security in worse shape than we thought The good news is that the Social Security Administration expects to blow through its trust funds by 2033. The bad news is that this is a highly optimistic forecast. Harvard and Dartmouth researchers say that the Social Security Administration has been overstating the financial health of its trust funds since 2000. Not good news for a state bustling with retirees, but there's always a solution: Print more money. Click…

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