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Marino on Money: May 20

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There have been longstanding issues with the Social Security system, and today’s economic climate makes the program’s future even more uncertain. Ross Marino takes a look at some of the things seniors and Generation X-ers can expect.

For seniors there is good news, but for younger workers, there is bad news.

Any worker born after 1970 will reach retirement age after the trust funds are projected to run out of money. Please click on video icon for Ross’s breakdown of the system.

Can anything be done to help social security? Check back tomorrow for more.

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Story summary

videoThere have been longstanding issues with the Social Security system, and today’s economic climate makes the program’s future even more uncertain. Ross Marino takes a look at some of the things seniors and Generation X-ers can expect.

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