financial experts predict a major shortfall in Social Security benefits for the generation.
According to Kevin Chancellor, founder of Black Lab Financial
Services and financial advisor, if legislative action is not taken soon,
the trust fund for the remaining normal benefits will deplete as early as 2035.
It remains to be seen if the Social Security system will
Collapse completely, but he believes it is in a dire situation.
"If legislative action is not taken soon, the trust fund that funds normal
Benefits will run out as early as 2035," he said.
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