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The U.S. retirement system is entering a slow-motion crisis — and most people still don’t see it. In the PBGC annual report released on February 4th, 2026, the federal agency responsible for backing private pensions projected that its multi-employer insurance program could become insolvent by 2032. And if that happens, millions of Americans depending on “guaranteed” pensions could face benefit cuts of 80% to 90% or more. This video breaks down the real pension math behind the crisis: Why pension funding ratios are collapsing How multi-employer pensions work (and why they’re structurally fragile) Why assumed return targets like 7–8% are becoming impossible How this crisis spreads into state pensions, Social Security, and Medicare And what you can do now to protect your retirement wealth This isn’t politics. This is mechanics. If you have a pension, a 401(k), an IRA, or you rely on Social Security, this is something you need to understand before the system forces the adjustment for you. 🔥 Key Topics Covered ✅ PBGC insolvency timeline (2032) ✅ Multi-employer pension collapse explained ✅ Pension benefit cuts & systemic risk ✅ State pension crisis & unfunded liabilities ✅ Social Security trust fund depletion (2033) ✅ Medicare hospital trust fund depletion (2031) ✅ Wealth protection strategies & asymmetric positioning 💬 Question for You What percentage of your retirement income depends on systems like pensions, Social Security, Medicare, or market-based retirement accounts? Drop it in the comments — and tell me what actions you’re taking this week. 📌 Subscribe + Notifications I’m tracking this in real time and will update as new data and policy moves come out. ⚠️ Disclaimer This content is for educational purposes only and does not constitute financial advice. Always do your own research and consult a qualified professional before making investment decisions.