You're gonna love this tidbit. Know how you occasionally receive statements from Social Security as to how much you may expect to receive when you retire? Some of you probably toss it in the circular file (usually applies to those 30 and under), while others who are closer to retirement age, scrutinize it under an electron microscope. Well, perhaps everybody will enjoy the next annual statement from our government where you will see in rather blunt and stark language that those funds are in jeopardy.
No, I am not kidding. The language will say, "By 2042, the Social Security Trust Fund will be exhausted." Nice, eh? According to a Social Security spokeswoman, this language is designed to "educate the public." Kind of strong isn't it for educational purposes and rather threatening? She goes on to say, "The point is to make the information in the statement more clear and easy to understand so that the public can take part in the discussion about its future."
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