Millions of "boomers" plan for retirement

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Wednesday, January 12, 2011 - 6:26pm

what does this mean for Social Security benefits?

TYLER - As the nation's first round of baby boomers turn 65 this year... millions will be retiring.  That means a lot of people will go from paying taxes to getting benefits.

There's almost 40-thousand people in Smith County drawing Social Security, that's about 41 million dollars a month in checks.
 

Leo Rossler with the Social Security Administration in Tyler says that number will continue to grow.

But critics ask just who will pay for it.

 

For more information on how to file for Social Security benefits, or Medicare click this link:  www.ssa.gov

 

Jessica Wilson/ KETKnbc.com

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