In this episode with certified financial planner Jennifer Johnson from Three Magnolias Financial Advisors, we discuss the looming insolvency issue with Social Security. With summer in full swing and the 4th of July just behind us, they tackle a topic that many find daunting yet crucial for financial planning.Jennifer breaks down the fundamentals of Social Security, explaining how it functions, who qualifies, and the implications of recent projections indicating potential depletion of the trust fund by 2033. They discuss the importance of understanding your benefits, the role of payroll taxes, and the demographic shifts affecting the system.Whether you're nearing retirement or just starting your career, tune in for insights that will help you navigate the evolving landscape of Social Security. Don't miss this opportunity to gain clarity on a topic that affects millions of Americans.For personalized advice, contact Jennifer and her team at:[email protected]://threemagnoliafinancialadvisors.comThe Triad Podcast Network is proudly sponsored by The Ginther Group Real Estate, Dewey's Bakery, and Three Magnolias Financial Advisors.

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