Many People Are Worried That, with the Growing Number of People

question 99

Essay

Many people are worried that, with the growing number of people that will retire in the US over the next 40 years, the federal government will need to borrow large amounts of money to finance the Social Security System. If we assume that Social Security taxes and the current eligibility age remain constant, explain the likely impact this will have on bond markets.

---

Definitions:

Strongest

Possessing the highest degree of physical strength, durability, or the ability to withstand pressure.

Thriving

Flourishing or doing well; achieving success and growth in personal, professional, or academic areas.

Mentors

Experienced and trusted advisers who provide guidance, advice, and support to less experienced individuals.

Appropriate Risks

Risks that are deemed acceptable after an assessment, considering potential benefits and harm.