Introduction- Have you ever wondered, do I have enough money to retire 30 years from now? What is the future of social security? Will I able to get benefits from the government when I retire? Well, the future of social security looks bleak even in face of proposed reforms. Social Security last year paid out roughly half a trillion dollars to 47 million Americans. However, if its trust fund runs dry as projected in 2042, it would be a severe loss to millions of Americans who do not have company backed retirement plans or other means to sustain retirement.
The main reason for the current Soc…
