The End of Social Security: A System in Need of a Reality Check The current state of the Social Security system is a ticking time bomb, waiting to unleash its full fury on the American people.
By 2035, there will be only 2. 3 workers per retiree, with payroll tax revenue covering just 91. 2% of expenditures in 2024.
This unsustainable ratio has been propped up by debt issuance and creative accounting, but its days are numbered.