The Baby Boomers, or the demographic group born in the post-World War II era, from 1946-1964, became the first generation to overwhelm the system. In 2012, the millions of Baby Boomers became eligible for the full benefits of Social Security. Two years later, Social Security drew from its fund for the first time. Recent predictions suggest by 2035, the number of Americans over age 65 will jump from today's 48 million to 79 million, indicating the start of future consequences for Social Security. Social Security plays a crucial role in society, especially for those later in life, it allows people to sustain a suitable living during
The Baby Boomers, or the demographic group born in the post-World War II era, from 1946-1964, became the first generation to overwhelm the system. In 2012, the millions of Baby Boomers became eligible for the full benefits of Social Security. Two years later, Social Security drew from its fund for the first time. Recent predictions suggest by 2035, the number of Americans over age 65 will jump from today's 48 million to 79 million, indicating the start of future consequences for Social Security. Social Security plays a crucial role in society, especially for those later in life, it allows people to sustain a suitable living during