The Red-Flag Warning on Your Social Security Statement

Sadly, America’s forthcoming “economic tsunami” is so predictable that our government issues an annual warning forecasting the year when — absent real reform — the monster waves will overtake all Social Security recipients and substantially reduce payments.

Am I an alarmist? No, just a realist, because once again I read the annual Social Security statement that arrived in the mail. The year 2015 was the first time I noticed and wrote about the government-issued warning, shown below, that appears on page two under “Your Estimated Benefits.” Three years have transpired,...