Tag: Social Security finances
I recently met with a 71-year-old retiree who relies on Social Security for a sizable share of her retirement spending. She’s concerned about recent news that the Social Security retirement trust fund will run out in 2032 – just six years from now. Having read the headlines, she is now worried she’ll lose much of…
This year’s Social Security Trustees Report has taken a major step towards offering a more realistic assessment of Social Security’s financial status. Unfortunately, the Trustees “offsetting” assumptions mask the full impact of their important changes…
