It’s not uncommon for people today to get nostalgic for the past, especially when it comes to comparing it to their current financial situation. For example, back in the day, it was a lot less expensive to buy a home, get a college degree or simply go to the grocery store. Trending Now: I Paid Off $40,000 in 7 Months Doing These 5 Things For You: Warren Buffett: 10 Things Poor People Waste Money On What other financial problems simply didn’t exist in the past that are giant financial burdens in the presen ...

Social Security Concerns - Social Security trust fund预计在八年内耗尽现金[1] - 个人收入的 6% 以上用于一个可能无法获得回报的项目[1] Investment Suggestion - 建议购买比特币[1]

Proposed Social Security Solution - Senators propose diversifying trust fund investments to maintain benefits [1] - A separate fund from the Social Security trust fund would be created with $1.5 trillion over 10 years, invested in the US economy [3] - The return on investment would offset any unfunded liability in the Social Security trust fund [3] Funding Mechanism - The US would borrow $300 billion per year for 5 years to fund the separate trust fund [4] - Borrowing is offset by the escrow account, not contributing to national debt [4] Risk Mitigation & Safeguards - The fund would be held in escrow for 65 to 75 years [3] - Even during a 10-year secular bear market, the plan is projected to work due to the long investment horizon [6] - The plan has been modeled through the great financial crisis [6] - An independent board, patterned after the thrift savings plan, would manage investments with strict guard rails [8] - Congress would be mandated to raise taxes if any action decreases the return on investment [10] Current Social Security Status - The Social Security trust fund is projected to become insolvent in 8 years, potentially leading to a 25% benefit cut [5] - Current trust fund investments are in treasuries, some bearing 1-4% [2]

A proposal to allow the Social Security trust fund to invest in the market has some merit, says @allisonschrager, but make no mistake: it would be a huge leveraged bet on behalf of the taxpayer (via @opinion) https://t.co/TjStlKf3rC ...