Are you sure you want to delete this post?
Yeah, talks of SS disappearing completely do seem to be pretty hyperbolic. Though I have to admit I do not really expect to see full SS benefits when I reach that age, mainly because it's so long away, and.. you never know what the government at large will be or look like at that point. It would be nice I suppose, but I'm certainly not counting on it. I look at SS payments as just a tax for living in the US to be honest, that I have to put up with. If I ever get some back, cool. If not, whatever.
And that's what the detractors of the program throughout my lifetime have lead me to feel about the state of Social Security, apathetic.
In reality though, cynicism aside, like the article points out we will be seeing several common sense reforms to the program over the next few decades well before it ever gets too terribly dyer.
That means that yes, social security will change at some point, and will not be quite as good as it is even today, that's a guarantee. Rates will rise, even if just modestly, that's still a rise. Cost of living calculators and payouts will decrease. Stuff like that.