And there goes any chance of ever paying off the national debt.
Only two years, 8 months, 17 days.
But who’s counting… 
Well, sure… but… my sibs and I got some Social Security bennies from my deceased mom’s account a long time ago*… Sure, sure, not the same thing at all… but we’re all boomers just the same. Just sayin’ that this is a portentious milestone, no doubt, but the problem has been in the works for awhile.
*They overpaid me a few months, then demanded the overpayment back. Broke as I was at the time, I paid back the overpayment, then spent a longish time convincing all the different offices that I had paid back the extra money. Our gummint at work. Sigh.
I am so glad that I took early retirement from my job at the Social Security Administration before the wave of my fellow Baby Boomers hit the fan.
Oh Yeah! Maryland pride!
Just 28 more years here! Assuming there’s anything left.
There’ll be plenty. Of course, the retirement age will be 81 by then.
well bah, being born after 1960 means my full retirement age for SS benefits is 67. The article states that SS will be solvent through (at least) 2041…and I won’t be 67 until july of 2042. Drat.
Four Months!! yes.
Quick! Invest in tapioca futures!
You can apply to begin receiving your SS benefits at age 62 (as the woman cited in the OP is doing), so you might be able to get some money before the system goes bankrupt. of course, you won’t be getting as much money per month at age 62 as you would if you wait until you’re age 67.
You’re right about that. If I waited until 65, I’d get twice what I’ll be getting next year. It’s still not worth the wait.
I’m a little puzzled…
Are they claiming that she is the first “baby boomer” to file for Social Security, or are they claiming that the “first” baby boomer applied for SS? Or both?
What about the 2nd baby boomer? What if they decided not to wait for the ceremony and applied electronically as soon as the calendar turned? 
Actually you’d receive about 75% at age 62+ (whenever your early date kicks in, it’s no longer 62, but 62 + some months), and if you wait until full retirement, closer to 66 now, it will take about a dozen years to break even.
It won’t take a lot to significantly extend the current system, but it’s such a third rail issue that pols. are very reluctant to get involed. Of course someone will have to do it soon. If congress had followed through on keeping the IRA program up to speed there would have been a viable alternative in the works, but they neglected that, so it’s going to require some painful changes. Remembewr though, in it’s original form, SS was only intended as a minimal safety net, not as a viable retirement program.
Note to self: Buy stock in Depends.
I know, I just found it amusing that my full retirement date comes right after the projected ‘no longer solvent’ date. (Ok, so the SS guy put it in more reassuring language)
I’ve been getting checks since May. Well, not a check, it’s electronic deposit.
I felt a pang of guilt, but I think most retirees are like me – not working full-time – and we need the money. We’re spending it at the gas station, grocery store, paying bills. If we weren’t getting it, we’d be moving in with our kids or burdening whatever systems are in place to take care of us. There are systems, aren’t there?
My mom was always very frugal, partly because it was imposed on her by Pop. She would always hem and haw about buying anything non-necessary. She says now she feels much freer to spend since she is pulling in Social Security (as a spouse, but still).
Solvent through 2041, eh? woot! Seven years of benefits!
I doubt I’ll get SS payments. I’ve spent too much of my worklife working for bits of government that pay to PERS, not SS (or that would have paid to PERS if I hadn’t been part time). I think at one point I was evaluated as qualifying for $19/mo, but then they added more quarters to qualify.
If I stay 'til I’m 72, I’ll get 50% of my salary. Barring handshake boosts. Yes, I’ve got another retirement account of my own. And the city is contributing to Medicare, if not to SS.