AARP, the American Association of Retired Persons, recently sent a call to action letter to its members about the need to secure future Social Security benefits. That opening line should have generated a sigh of relief from AARP’s 37.8 million members over the age of 50 who have been following the rumblings from the new Republican Congress to privatize Medicare and Social Security.
Read a little further and you find out that AARP is not alerting us to the potential unraveling in 2017 of two wildly popular and essential components of our social safety net–but rather the potential insolvency of Social Security in 2034. Imagine that your house has been doused in gasoline and an arsonist is standing close by with a box of matches but you are being told that your problem is that you aren’t saving enough money to tent the place for termites seventeen years into the future. [Read more…]











