2032, 2037, 2041, now 2052....Those folks that we are paying to sit in those cozy D.C. offices sure are having fun crunching our numbers, are they not?
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In 2000, the system's actuaries thought the assets of this fund would be exhausted by 2032. Two years later it was 2037. Now the projected exhaustion date is 2041.
Meanwhile, the Congressional Budget Office, which makes these projections as well, recently thought the system will remain solvent until at least 2052.
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False-Alarm: Personal Finance News from Yahoo! Finance
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Outside of a dog, a book is man's best friend. Inside of a dog, it's too dark to read. Groucho Marx
In dire need of: faster horses, younger woman, older whiskey, more money.
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