Five Ways to Fix Social Security Before It Runs Dry

empty pockets - social security
empty pockets - social security

There are 79 million baby boomers and all of them want their Social Security.

The latest reports on the health of Social Security say this massive number of retiring boomers will exhaust Social Security's trust fund money by 2037. After that the payments will have to come solely from current worker contributions. That's a scary thought, considering that there will be only two workers for every one retiree by then.

But before you panic, there are still 26 years to fix the problem. Here are five ways to right the sinking ship and keep Social Security flowing until at least 2075 when babies born in 2010 will be 65 and old enough to devise their own solutions.