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Is Social Security Going to Run Out?
Manage episode 435552388 series 3575622
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One of the most common questions we get is about Social Security and whether it’s going to run out. If you only read headlines, it seems to be a valid concern. But what’s the reality of the situation and how does it impact you when it’s time to file for Social Security?
Here’s what we discuss in this episode:
0:00 – Intro
1:43 – 2024 Trustees Report
2:40 – What goes into the projection?
4:30 – What happens if it runs out?
6:10 – Making Social Security more viable
10:15 – When will change happen?
12:34 – Retirement planning
14:47 – Filing strategies
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