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Baby boomers are collecting 265% of what they paid into Social Security—and millennials are paying the price

Posted on August 26, 2026
By Fortune
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1 min read

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Baby boomers are collecting 265% of what they paid into Social Security—and millennials are paying the price

"The reality is that Social Security is not a savings program where workers’ payroll tax contributions are saved in an account and used to pay their benefits."