The baby-boom generation consists of 76 million Americans. Currently, they are retiring at a rate of about 10,000 per day — and will continue to do so until 2030.

Around that same time, the Social Security trust fund is due to run out. By the year 2034, specifically.

That's in 18 years.

A lot can happen between now and then. But if Washington can't close the gap between tax revenue and Social Security spending in the near future, there will be major cuts to Social Security benefits…