Is Social Security Going to Run Out?
Manage episode 435552388 series 3575622
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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