Reported about 21 hours ago
Prospective retirees may face a harsh reality as a recent report indicates that Social Security could only cover 77% of expected benefits after 2033, primarily due to tax cuts proposed by the Republican budget. In this discussion, Marcia Mantell emphasizes the implications for retirees, including potential healthcare losses and the impact of declining birth rates on financial projections. Individuals are urged to plan ahead, considering savings and flexible retirement strategies to adapt to these forthcoming changes.
Source: YAHOO