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Prepare Now for Social Security Cuts

Forewarned is forearmed. Katie Brockman explains that automatic cuts are coming to Social Security in a decade or less unless Congress reforms the program, though even any reform would likely involve cuts of some kind. What to do then? Brockman urges those still working to really amp up their savings now. Also, work 35 or more years to get the highest possible benefits. Finally, plan to delay starting them as long as possible (to age 70) to maximize the monthly check. Full article here.

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