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827-How Quickly Will Social Security Run Out of Money?

Radical Personal Finance

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Why We're Not Having Lots of Workers

disability applications have declined substntially since two thousand ten, and the total number of disabled worker beneficiaries in current payment status has been falling. The retirement of the baby boom generation is increasing the number of beneficiaries much faster than the increase in the number of covered workers. And then people are living longer, and thus drawing more money. O a s d i cost has been increasing much more rapidly than non interest income since two thousand eight and is projected to continue to do so through about two thousand forty.

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