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The $40 Trillion National Debt Is Growing While Social Security Goes Broke—Because Wealthy Boomers Are Collecting Over $100k in Benefits Per Year
The United States is entering the most expensive phase of retirement. Some of America’s oldest are eligible for more than $100,000 a year in combined Social Security benefits, while remaining as one of the wealthiest generations in the country. The national debt is rising—just passing $40 trillion this month—and Social Security is set to enter insolvency by 2032, meaning it may already be too late for the generations left behind.
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