The Social Security Administration tells you the truth, but…

You have heard me and many others tell you that:

  • Social Security was never intended to provide 100% of retirement income
  • If there is no action soon, beginning in 2034 +- benefits will be cut by 25% or so

But did you ever read your annual Social Security statement?


NOTE: The 80% is an aggregate of old age and disability trusts, old age alone is less than 80%

One comment

  1. If the SSA told us the truth, there`d be no SSA, since Socialist Insecurity isn`t authorized by the Constitution as a function of the federal government, but should be reserved to the states, or to the people, per the 10th Amendment.

    Like

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