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Social Security at the Tipping Point: Things you should do
According to the last Social Security Trustee Report, the Social Security trust funds will reach the point of paying out more than they take in sometime around 2020. The long-term implications of this, of course, are that the accumulated reserves will eventually be depleted, and absent corrective legislation, a reduction in monthly benefits will be a reality. The Motley Fool’s Sean Williams discusses some steps you should consider now to deal with the potential impact this situation could have on your finances. Read his post here…