Reply #23: In fifteen years, SS will begin paying out more than it is taking in.

[RaleighNCDUer]

The trust fund, however, is funded through 2052. What is the big expense? The boomers. I don't know about the rest of them, but I certainly don't expect to see 2052. As the boomers die off, the imbalance will redress itself, moving the insolvency date back to 'indefinite'.

Meanwhile, improved health standards keeps younger workers at the job more effectively, with less lost revenue due to illness, thus increasing the funding going in.

Factor in the real rate of growth for the trust fund, at about 3% instead of the very conservative projection of 1.5%, and there is no insolvency.

There is no crisis.