Social Security in Crisis: Should We Care?

Written by Rev. Thorin Anderson

It is an established fact that the Social Security Trust Fund will be depleted sometime in 2032.  What this means is that going forward from that point recipients will receive only what is available from the current withholdings from America’s workers.  Social Security administrators are estimating that there will be an approximate 25% reduction in the payouts to America’s retirees.

To most Americans this may appear to be of little consequence, but the ramifications are far more serious than one might think. … Continue Reading