You have heard me and many others tell you that:
- Social Security was never intended to provide 100% of retirement income
- If there is no action soon, beginning in 2034 +- benefits will be cut by 25% or so
But did you ever read your annual Social Security statement?
NOTE: The 80% is an aggregate of old age and disability trusts, old age alone is less than 80%
If the SSA told us the truth, there`d be no SSA, since Socialist Insecurity isn`t authorized by the Constitution as a function of the federal government, but should be reserved to the states, or to the people, per the 10th Amendment.