How quickly could you burn through $2.4trn?
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How quickly could you burn through $2.4trn?
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Narrated by:
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For America's social security trust fund, the answer is around six years. A growing elderly population and falling birth rate mean the pot, accumulated over decades will run dry some time towards the end of the next presidential term, in late 2032. When that happens, the country's retirees will take a battering. So can anything be done to stop it before time runs out?
Hosts:
- Mike Bird, co-host of “Money Talks”
- Alice Fulwood, co-host of “Money Talks”
- Ethan Wu, co-host of “Money Talks”
Topics covered:
- America’s Social Security Trust Fund
- Retirement
- US politics
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