Social Security Report

Just in Case the Social Security Trust Funds Run Out of Money

The Social Security Trustees released their 2017 report stating the trust funds are on track to run out of money by 2034, just 17 short years from now, resulting with benefits being cut by 23 percent in order to match expenses with income. In Chuck Saletta’s column for the website Motley Fool, he points out we still have 17 years to invest to build a nest egg to cover the gap and outlines a way to cover the gap that we are at risk of facing in the event the trust funds empty. Read article here…

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