The Cost of Social Security & Medicare
September 23, 2008 | Cafe | Comments 0
Image via Wikipedia
It’s going to cost us, no matter how you look at it, for Social Security and Medicare benefits. There are only two cures: higher taxes or lower benefits, according to Money Magazine.
You’ve seen alarming stats thrown around and maybe wondered what to make of them. (For example, the two programs are said to have a $43 trillion deficit payable over 75 years. Is that a lot? And if it’s as big as it sounds, how is the government still running?)
How do you plan? Click here to read the whole story.
![Reblog this post [with Zemanta]](http://img.zemanta.com/reblog_e.png?x-id=e10986ba-205e-4251-a66a-d0533dd301df)
Filed Under: Baby Boomers • Health & Wellness • Retirement
