| ▲ | scoofy 21 hours ago | |||||||
It's very obviously not the total number of people that matters. It's the difference in the number of people being funded and doing the funding. The math is fairly straightforward: # of Boomers - Greatest Gen > Millennials - Boomers This means that Millennials will have a greater burden than Boomers did. Which means Millennials will live with fewer resources. | ||||||||
| ▲ | jjav 16 hours ago | parent [-] | |||||||
I don't follow this comment at all, sorry. Presumably you're comparing people of working age contributing to social security vs. people in retirement receiving social security. That age can vary but let's pick 65 as a typical retirement age. Here's another data source: https://theworlddata.com/us-population-by-age/ There are 205.7 million working age adults vs. 61.2 million of age 65 and older. From where do you get the "fewer young people paying to support an much larger number of older folks"? | ||||||||
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