Social Security Payouts Favor Baby Boomers at Millennials' Expense

A Fortune analysis reveals that baby boomers are receiving significantly higher returns on their Social Security contributions compared to younger generations, raising concerns about the program's long-term sustainability and intergenerational equity.

26 Aug, 16:02 — 26 Aug, 16:02

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fortune2d ago

Baby boomers are collecting 265% of what they paid into Social Security—and millennials are paying the price

"The reality is that Social Security is not a savings program where workers’ payroll tax contributions are saved in an account and used to pay their benefits."

By Nick Lichtenberg

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Social Security Payouts Favor Baby Boomers at Millennials' Expense

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Baby boomers are collecting 265% of what they paid into Social Security—and millennials are paying the price

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