Forum Post: Boomers Just Turning 65 this Year....Uh-oh, there goes the country..
Posted 11 years ago on Dec. 29, 2011, 4:10 p.m. EST by hchc
from Tampa, FL
This content is user submitted and not an official statement
So we have this massive group of people, who are all going to be getting a ton of SS and Medicare (which has costs going up exponetially).
Boomers are "technically" those from 1946-1964. This massive group has just turned 65 this year.
We are entering this huge payout period 15.2T in debt!
Hold on tight, its gonna be a rough decade.
What do the politicians cut first, SS or Medicare? Im guessing SS.
When the amount the country borrows to sustain this lifestyle ends, its going to get really ugly for a lot of people.