Retirees saturate Maine, Vermont and Florida

At the end of 2018, 14 states had more than 15% of their residents receiving Social Security benefits, according to data from Bloomberg, a claim no state could make 10 years earlier. Much of this is driven by retiring baby boomers moving to a select group of states, but it's also the product of such a large portion of the population reaching retirement age in a relatively short period of time. The influx of retirees highlights the stress put on the Social Security Administration, which ran a cash shortfall of $80 billion in 2018 and is expected to be depleted by 2035. Low birth rates have also contributed to the aging population, denying the system of younger workers to pour more into the fund and forcing the U.S. Treasury to issue debt as a supplement.