Personal Finance Expert Ric Edelman Reveals Solution to the Social Security Crisis

Friday, July 27, 2018

Based on the principle of compound growth, the T.R.U.S.T. Fund for America calls for the government to set aside a one-time amount of $7,000 for each child born in the United States, and to repeat this annually for the next 35 years. The money would be placed in an investment portfolio determined by an expert panel appointed by the president and Congress. After 35 years, the government would receive back its initial outlay, plus inflation, and use the proceeds to fund the program for children born during the next 35-year cycle.

Source: Personal Finance Expert Ric Edelman Reveals Solution to the Social Security Crisis

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It’s at least a start.  Most realistic idea that I’ve heard yet.

–30–


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