Here’s one thing you can count on: If you live until the age at which you’re eligible for Social Security benefits, you’ll receive something from Social Security. Social Security funds the benefits for current recipients from two key sources:Social Security taxes collected from current workers, which currently provides about three-quarters of the program’s funding. The Social Security Trust Fund, which funds the remainder of the program’s costs, about one-fourth of the cost of the system. You may have heard that the Social Security Trust Fund is projected to be exhausted by 2034 – a result from the latest Social Security Trustee Report. It’s why I like to say that as long as we have democracy, we’ll have some form of Social Security benefits.

Source: Forbes April 13, 2019 00:22 UTC