Learn why Elon Musk told Joe Rogan that Social Security is a Ponzi scheme and whether he’s right. This breakdown explains how Social Security works, the financial risks it faces, and what it means for your future.

In today’s news update, millions of Americans pay into Social Security, but is it really secure? Elon Musk recently called Social Security “the biggest Ponzi scheme of all time,” raising concerns about its long-term sustainability. This breakdown explains how Social Security works, why people compare it to a Ponzi scheme, and whether it’s really in danger of collapse. This impacts retirees including SSI (Supplemental Security Income), SSDI (Social Security Disability Insurance), survivors, VA, and spousal benefits. Learn about the real financial risks, why the system is under pressure, and possible solutions that could keep it running. Understand how your payroll taxes fund current retirees, and what could happen if reforms aren’t made. Get the facts about what Social Security’s future looks like and what it means for you.

Elon Musk Calls Social Security a Ponzi Scheme – But Is He Right?

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