So yes, if you want to be pedantic about it, Social Security is not in trouble at all. It is covered by the trust fund. The managers of the Social Security Administration can sleep well at night knowing they’ve served us well in securing the benefits they’ve promised.
But, unless we do something clever, and fairly soon, the federal government as a whole will be in trouble because of Social Security. To me that is a distinction without a difference.
My wife and I are worried about having enough money for a comfortable retirement. With the states of the economy and the world as they are we have been quite anxious. So I’ve come up with a plan:
I find The New York Times‘ indifference to the very real cash-flow obligations with which we are saddling our children and grandchildren dismaying. I wrote this as yet another attempt to convince them — and their equally insouciant readers — to take those obligations seriously.