, Columnist
Social Security Isn’t Doomed for Younger Generations
Even the worst-case scenario shows that the program will still pay out benefits.
Two near-certainties of retirement: Social Security and a golf cart.
Photographer: RHONA WISE/AFPThis article is for subscribers only.
I have good news for younger generations worried that they won’t be able to claim their Social Security benefits because we older generations have ripped them off and will be leaving nothing behind: Your fears are unfounded.
Don’t just take my word for it. Consider the work of my colleague Charles Blahous at the Mercatus Center at George Mason University, who is a relative pessimist (some would say an alarmist) on this issue. His reputation commends his work as a good benchmark for where Social Security really stands.