Social Security Social Security trust fund is empty.
More people believe in UFOs than in the future of social security.
From that point on, we will have more retirees than ever and fewer workers paying into the Social Security system. But as these same baby boomers begin to retire, that number is projected eventually to drop to merely two workers per retiree. Rep. Mark Sanford Foresight is something folks in Washington could use right about now. At the beginning of April, the Social Security trustees told Americans that the nation's retirement system would go bankrupt about 24 months later than we had expected. According to their calculations, the wolf will not be at the door until early next century.