"Today there are about 40 million retirees receiving benefits; by the time all the baby boomers have retired, there will be more than 72 million retirees drawing Social Security benefits"
- Tony Snow
About this Quote
This quote by Tony Snow is describing the growing number of retirees in the United States. Currently, there are 40 million senior citizens obtaining Social Security benefits, yet this number is anticipated to boost considerably in the future. This is due to the multitude of baby boomers that are reaching old age. By the time all the baby boomers have retired, the variety of senior citizens drawing Social Security benefits is forecasted to be more than 72 million. This is a substantial boost and will certainly place a pressure on the Social Security system. It is essential for the government to prepare for this increase in retirees as well as make certain that the Social Security system has the ability to supply advantages to all retirees.
This quote is written / told by Tony Snow between June 1, 1955 and July 12, 2008. He/she was a famous Journalist from USA.
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