Here's how Warren Buffett thinks we should fix Social Security [USA TODAY]
Berkshire Hathaway Inc. New (BRK.B)
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Source: USA TODAY
CLOSE If you're planning on relying solely on your social security check for retirement, you may want to reconsider. Here's why. Wochit The Oracle of Omaha thinks we should save Social Security -- here's how he thinks it can be done. Warren Buffett speaking with reporters. (Photo: The Motley Fool) CONNECT TWEET LINKEDIN 3 COMMENT EMAIL MORE Social Security has nearly $3 trillion in reserves but is expected to completely run out of money by 2034, thanks to the gradual retirement of the Baby Boomer generation and generally longer life expectancies. There are several potential ways we can fix the program, but all can be split into two main categories — raise taxes or cut benefits. Democrats generally are in favor of tax increases, while Republicans often propose some form of benefit reductions, such as raising the retirement age and cutting benefits for high
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BRK.B
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BRK.B
Sec Filings
- 4/22/24 - Form 424B5
- 4/18/24 - Form FWP
- 4/10/24 - Form PX14A6G
- BRK.B's page on the SEC website