It's important to clarify what the talk about Social Security "running out" actually means. The system is funded through payroll taxes, and as long as people are working, money will continue to flow into it. However, due to demographic shifts and fewer workers paying into the system, Social Security is projected to face a shortfall by 2034 if no changes are made.
Even if the Social Security Trust Fund becomes depleted, the program would still be able to pay around 75% of benefits from ongoing payroll taxes. It's more likely that Congress will make adjustments to keep the program solvent, such as increasing the payroll tax or raising the retirement age.
[
Collection
]
[
|
...
]