That's not a risk, that's the raison d'etre. In the fifteen seconds most people will spend scrolling through this (of those who bother at all), only two things will be left in their mind: Social Security and California. I expect to hear a lot of "discussion" about Social Security in the next few cycles. They're coming after it again (cf 2005). It's already happening on this thread. https://news.ycombinator.com/item?id=14301591