The fix doesn’t necessarily have to be on the Social Security side but may be on the tax or budget side.

More than half the time, one or the other will be around at 90, so you definitely need your money to last until at least 90.

Suppose longevity goes way up, and we’re all living to 115. We can’t expect to retire at 65 and take our final 50 years off. On the other hand, do we want to work until...

the pig in the python.

You don’t have to have a huge cut in benefits or increase in taxes.

That would be your permanent fix.

You want your market value of assets to be close to or above that number. Then you know it’s 100 percent funded.

There is no painless way to solve Social Security’s solvency problems.