Will Social Security Run Out By 2033? скачать в хорошем качестве

Will Social Security Run Out By 2033?

Join me today as I dive into the intricacies of the Social Security reserve fund, its historical trajectory and projected exhaustion, highlighting the imminent challenges faced by retirees. I’ll explain the factors contributing to the impending crisis and offer viewers insights into navigating the uncertainties of retirement planning amidst this impending crisis. 🏃🏻 Jump right in: 00:00 Introduction to Social Security Depletion 00:52 Understanding Social Security Reserves 01:38 Projection of Social Security Fund Depletion 02:19 Summary of Findings from the Report 02:48 Challenges in Social Security Financing 03:38 Exploring Revenue Sources for Social Security 04:23 Understanding Payroll Taxes and Caps 05:26 Revenue Challenges and Potential Solutions 06:50 Cost Side Mechanisms and Levers 08:37 Exploring Revenue and Cost Levers 10:19 Means Testing and Potential Impact 11:51 Means Testing on High Income 13:43 Real-world Examples of Means Testing 15:46 Potential Impacts on Your Retirement #SocialSecurity #RetirementCrisis #MeansTesting ➡️ Do you need a Retirement Success Plan that goes beyond allocating funds to truly fit your needs? We can help you create a retirement life plan customized for your retirement vision and legacy. Call us at (877) 404-0177 or fill out this form for a free consultation: https://click2retire.com/social-secur... ✉️ Receive retirement financial planning insights straight to your inbox monthly here: https://click2retire.com/yt-newsletter 🎥  Subscribe to our channel to keep learning here: https://click2retire.com/subscribe Disclaimer: Hypothetical outcomes do not reflect actual results and are not guarantees of future results. Any index references herein are unmanaged and cannot be directly invested into. Past performance is no indication of future results. All investing involves risk, including the potential loss of principal, and there can be no guarantee that any investing or tax savings strategy will be successful. Advisory services are provided through Oak Harvest Investment Services, LLC, a registered investment adviser. Insurance services are provided through Oak Harvest Insurance Services, LLC, a licensed insurance agency.