Millions of Americans rely on Social Security as a financial lifeline. But will the funds be there when you need them? Alicia H. Munnell, PhD, Peter F. Drucker Professor of Management Sciences at Boston Colleges Carroll School of Management, Director of the Center for Retirement Research at Boston College, explains why a possible 21% cut in Social Security may happen in less than a decade, and what needs to happen to address the problem.
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