
‘The thought of living to 100 terrifies me’: Is Social Security a giant Ponzi scheme?
Summary
Rising life expectancy sparks intense public anxiety regarding the long-term viability of government retirement programs. Observers note that demographic shifts are already creating severe financial pressure on the existing Social Security system.
There is already a demographic ‘run’ on Social Security.
Source: Read the full story at MarketWatch.com - Top Stories
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