7/24/10

Social Security II


  

Should US entitlement costs exceed incoming revenues
sooner than anticipated
if millions of Boomers involuntarily retire early
as national, state and local debt levels spike
coincident with evaporating income?
 

If workers earn, pay taxes, spend, save and invest
while retirees divest, downsize, budget
and draw income and healthcare benefits
what’s going to happen when more retirees want
what fewer workers may not be able to deliver?
 

If there are more than 3 workers
contributing to Social Security for every beneficiary
how will less than 2 workers
be able to pay for more as the Baby Boom retires?
 

Are Baby Boomers going to get more or less than they think
if the supply of what they want to sell exceeds demand
as they exchange assets for needed goods and services
at relatively the same time?

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