Don't Worry About Social Security When You Can Do This Instead

Don't Worry About Social Security When You Can Do This Instead

Millions of seniors depend heavily on Social Security to pay the bills, but a large chunk of today's workers worry that those benefits won't be there for them by the time they're set to retire. Specifically, Social Security anticipates a revenue shortfall in the coming years as baby boomers stage a mass exodus from the workforce and not enough replacement workers come in. Since the program's main revenue source is payroll taxes, a shortage of workers could strain Social Security, forcing it to dip into its trust funds to keep up with scheduled benefits.