Hopefully you are not depending on Social security or other government pension to fund your retirement. Not just the US, but the world’s retirement pension fund systems are in a seriously dangerous financial position.
In the US, this is especially worrisome.
Both the Social Security Trust Funds and Medicare Trust Funds annually report that their accounts are dwindling. They even know the dates when these programs will become completely insolvent.
"The U.S. government boasts over $20 trillion worth of debt and an actual net worth of negative $76.7 trillion per its own yearly government financial report."
Submitted April 03, 2017 at 12:56PM by Peter4Paul16 http://ift.tt/2nPtkLk
