Trustees' Report: Social Security will pay more than 70% of its benefits though 2099

06/24/2013 | Nerd's Eye View blog

The reports of Social Security's demise are greatly exaggerated, according to the 2013 Trustees Report on Social Security, which reported that the system will still be able to pay three-fourths of today's young adults' projected retirement benefits even if nothing is done to shore up the program. Financial commentator Michael Kitces discusses the real deal on the state of Social Security, and how it should affect the advice financial planners give to clients.

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