“Who is going to bail out the government?”

Two days ago the respective Boards of Trustees for Medicare and Social Security released their annual reports for 2018.

As usual, the numbers are pretty gruesome… and the reports plainly stated what we’ve been talking about for years: the trust funds for both Social Security and Medicare are going to run out of money.

Soon.

In the case of Medicare, the Trustees project that its largest trust fund will be fully depleted in 2026, just eight years away. In the context of retirement, that’s right around the corner.

Source: It’s official: Medicare trust fund will run out of money in 8 years | The Freedom Watch

Original source (read more): https://www.sovereignman.com/trends/its-official-medicare-trust-fund-will-run-out-of-money-in-8-years-23750/

summary via R3publican http://r3publican.com

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