Will Social Security Run Out? What You Need to Know

10/10/2025 22 min Temporada 1 Episodio 17

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Episode Synopsis

Is Social Security “drying up”? How much are you really paying in—and how much comes back to you? In this week’s Retire & Thrive, Kamie and Dan unpack Social Security in plain English: the 6.2% you see on your paycheck (plus your employer’s match), what that 1.45% Medicare line means, and the current wage cap that stops FICA mid-year for higher earners. We dig into when to claim (62 vs. FRA vs. 70), why the higher earner often benefits from waiting, and how spousal vs. survivor benefits actually work. Then we tackle taxes—the difference between “up to 50%/85% taxable” and the tax you actually pay—and why income planning matters before you file. Finally, Dan shares a practical first step: pull your SSA statement, verify your earnings history, and run a few “what-if” scenarios. Whether you’re decades away or filing this year, this episode gives you the framework to make a smarter decision.Hosted by Kamie & Dan • Retire and Thrive—helping you live with purpose, wealth, and confidence.Want To Learn More About Fortress Financial Group? | CLICK HERE!Check Out Our Social Media Pages!https://www.facebook.com/FortressFinancialGrouphttps://www.linkedin.com/company/fortressfinancialgroup/https://www.instagram.com/fortress_financial_group/Disclaimer: Fortress Financial Group, LLC, is a registered investment adviser. Advisory services are only offered to clients or prospective clients where Fortress and its representatives are properly licensed or exempt for licensure. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All indices are unmanaged and may not be invested into directly. Investing involves risk, including loss of principal. Diversification does not guarantee a profit or protect against a loss in declining markets. Each client’s portfolio strategy is tailored based on their individual goals, risk tolerance, and time horizon, and may not be suitable for all investors. Kamie Roesler is not affiliated with, employed by, or compensated by Fortress Financial Group. Her participation in this video series is entirely voluntary, and she has not received any form of payment or other inducement for her involvement. The viewpoints and opinions expressed by Kamie Roesler are solely her own and do not necessarily reflect those of Fortress Financial Group.