Abraham, Jon P.
The goal of the project was to offer mathematical solutions to the issue of Old Age Social Security Trust Fund’s dissipating as a result of the Baby Boomer generation retiring in numbers too great to sustain. We constructed a model in Microsoft Excel that uses a number of adjustable factors to save the program and found that raising the retirement age eligible to collect benefits and simultaneously increasing the contribution tax rate would prevent the expiration of the program.
Worcester Polytechnic Institute
Major Qualifying Project
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