In case you were thinking of retiring some day, bad news from Janet Yellen: Social Security and Medicare are now underfunded by $175 trillion. That comes to roughly $1.4 million per Americ

In case you were thinking of retiring some day, bad news from Janet Yellen:

Social Security and Medicare are now underfunded by $175 trillion.

That comes to roughly $1.4 million per American household.

There are only 3 solutions:
- slash beneficiaries
- massively hike taxes, or
- cut everybody’s benefit to poverty level.

https://twitter.com/profstonge/status/1772962369007767849