Social Security Bankrupt by 2033? Do This NOW

Social Security recently updated their projections for Social Security solvency of the trust fund. The Committee for a Responsible Federal Budget projected benefits might be cut by 24%. Is Social Security Bankrupt? I’ll tell you how they will likely fix this and give you four actions to take to help protect your financial plan.

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Rapidly approaching insolvency:
https://www.ssa.gov/oact/TR/2023/inde...
About the reduction:
https://www.crfb.org/blogs/retirees-f...
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🔑 KEY TOPICS
0:00 - Intro
1:58 - Background Info
4:12 - Potential Fixes
7:42 - 4 Things You Can Do
11:00 - Nick's Predictions
12:48 - Conclusion
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We're a Frisco, Texas-based independent financial advisory firm serving individuals in several states nationwide. We're here to listen to your needs and guide you through the financial planning process.
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