New Report Reveals Dire, Fast-Approaching Details about Social Security Trust Fund Running Out

According to data contained in the latest trustees report, the main retirement fund for Social Security is now projected to run off in the fourth quarter of 2032, which is a date in the not-so-distant future, which stresses the need for younger folks like millennials and subsequent generations to start focusing on building a retirement nest egg on their own. The 2026 Social Security Trustees Report revealed that the Old-Age and Survivors Insurance Trust Fund, which doles out retirement and survivor benefits, will be completely depleted in the last quarter of 2032. When that happens, the program would still be...