So whats going on with social security? I keep hearing that we are about to run out of money for it.. But wait.. I thought we had been taking in more money than we were spending for social security all these years. Wasn’t it put into a fund for a time when it was needed? Well, there is no social security trust fund! This social security surplus is lent to the U.S. Treasury where the money is then used just like any other money the government borrows. So the money is there.. The only problem is we have to pay ourselves back!

The government is under no obligation to give us back our social security so start planning for your retirement like your not going to get any help… because you may not.