Social Security insolvency: New report from Wharton has more troubling data. What it means for your monthly payments

Wharton joins a growing number of groups sounding the alarm on Social Security, who say the program’s disappearing retirement trust fund is estimated to run out of money in the next few years. The only debate is when. A recent report from the Social Security trustees estimated the program could become insolvent as early as the fourth quarter of 2032, in about six years. Now, a new Penn Wharton Budget Model (PWBM), from the University of Pennsylvania, projects the Social Security Old-Age an...