The Wall Street Journal
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How 2024’s Record Retirement Numbers Could Spark a Recession | WSJ
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February 13, 2024
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6:20Now PlayingOver four million Americans will reach traditional retirement age this year, more than any other time in history. By 2030, baby boomers will all be 65 or older, shrinking the workforce share of the population. What does this mean for Social Security, which is funded by taxing current workers?
WSJ breaks down how this demographic shift threatens the future of Social Security if nothing is done before 2034.
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