Upcoming Changes to Social Security? (What Retirees Need to Know) скачать в хорошем качестве

Upcoming Changes to Social Security? (What Retirees Need to Know)

Social Security changes are often misunderstood, and many retirees worry the program is running out of money. The reality is far more measured than the headlines suggest. You’ve probably heard the headlines: Social Security is going bankrupt, benefits are going to disappear, or taxes are going to skyrocket. But most of those claims oversimplify what’s actually happening. While Social Security does face a long-term funding shortfall, the system isn’t going bankrupt, and historically any changes to the program happen slowly and are designed to protect current retirees and people close to retirement. In this video I break down: • Why Social Security faces a funding gap in the early 2030s • Why benefits for current retirees are unlikely to be reduced • The three most commonly discussed Social Security reform proposals • How raising the payroll tax cap could affect high earners • Why the full retirement age may increase in the future • Why some proposals include increasing benefits later in retirement Social Security was designed to be a stable, inflation-adjusted foundation of retirement income, and even in worst-case projections benefits would not disappear. The key is understanding how Social Security fits into your broader retirement income plan. Work with us → https://www.theoremwm.com/start-here Johnathan Rankin CRPC® CEPA®, Founder & CEO Sign Up for Our Weekly Retirement Newsletter: https://mailchi.mp/theoremwm.com/week... ----------------------- CHAPTERS 0:00 – Is Social Security Really Running Out? Why the headlines create more fear than facts 1:01 – The Most Important Thing Retirees Need to Know Why current retirees are unlikely to see benefit cuts 1:24 – Why Social Security Is Under Pressure Longevity, fewer workers, and the funding gap explained 2:49 – Why Social Security Changes Don’t Happen Overnight How reforms actually work and why they take years 5:26 – The 3 Social Security Changes Being Discussed Payroll tax cap, retirement age, and late-life benefit increases 9:11 – What This Actually Means for Your Retirement Plan How retirees and near-retirees should think about Social Security ----------------------- Disclaimer: The client scenarios are based on real client experiences, but the names and appearances have been changed for privacy. They are presented for illustrative purposes only and are not representative of all client experiences. Past performance is not a guarantee of future results. Individual experiences may vary. No part of this scenario should be understood as a recommendation of an investment product or strategy or construed as individualized investment, tax, or legal advice The reports presented in this video are from eMoney financial planning software. Projections are based on assumptions provided by the presenter and are not guaranteed. Actual results will vary, perhaps to a significant degree. The projected reports are hypothetical in nature and for illustrative purposes only. Return assumptions do not reflect the deduction of any commissions, or fees or product charges that may apply to any particular investment. Deduction of such charges would result in a lower rate of return. Consult your tax and/or legal advisor before implementing any tax or legal strategies. Past performance is no guarantee of future results. The market for all securities is subject to fluctuation such that upon sale an investor may lose principal. Johnathan Rankin is a Registered Representative of Sanctuary Securities Inc. and an Investment Advisor Representative of Sanctuary Advisors, LLC. Securities offered through Sanctuary Securities, Inc., Member FINRA, SIPC. Advisory services offered through Sanctuary Advisors, LLC., an SEC Registered Investment Advisor. Theorem Wealth Management is a DBA of Sanctuary Securities, Inc. and Sanctuary Advisors, LLC. Theorem Wealth Management does not offer tax advice, please consult a tax advisor.