Could Big Changes Be Coming To Social Security?

24/10/2024 22 min Temporada 1
Could Big Changes Be Coming To Social Security?

Listen "Could Big Changes Be Coming To Social Security?"

Episode Synopsis

Social Security is the backbone of retirement for millions of Americans, but big changes may be coming. There's plenty of speculation about what actions the government will take to extend the life of the program, but now we have a few more specifics of what it could potentially look like. Here's some of what we discuss in this episode: 0:00 – Intro 2:31 – The question asked to the Congressional Budget Office 5:39 – David Walker 7:32 – Early retirement 9:25 – CBO proposal would only put a dent into the math problem 13:17 – Raising the wage base 15:01 – Planning for change 18:26 – Two-minute drill   Get in touch: Phone: 661-775-3704 Book an appointment with us: https://mearsmoneymanagement.as.me/schedule.php Get in touch with us: https://mearsmoney.com/ Watch the Podcast on YouTube: https://bit.ly/3PmcOPM