The $40 trillion national debt is growing while Social Security goes broke—because wealthy Boomers are collecting over $100k in benefits per year
Boomers are getting 265% returns from Social Security—and the “great wealth transfer” won’t save Gen Z.
Boomers are getting 265% returns from Social Security—and the “great wealth transfer” won’t save Gen Z.
BELLINGS Intelligence Score: 65
Why it matters
The growing $40 trillion national debt combined with Social Security insolvency due to disproportionate benefits to wealthy Boomers represents a significant structural fiscal and social challenge with broad implications for public finance, intergenerational equity, and credit-market stability.
Sources
Fortune
The $40 trillion national debt is growing while Social Security goes broke—because wealthy Boomers are collecting over $100k in benefits per year
Boomers are getting 265% returns from Social Security—and the “great wealth transfer” won’t save Gen Z.