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Social Security’s Looming Insolvency…What to do.
The steady and accelerating depletion of Social Security’s Trust Fund reserves, as well as the impact on beneficiaries if no corrective action is taken, are frequent topics in the news these days. Consequently, many folks already receiving benefits, along with those looking ahead to claiming benefits, are justifiably concerned about the future and what steps they can or should consider to prepare for a worst-case result. A GoBankingRates post by Sean Bryant appearing on nasdaq.com offers some thoughts on this topic, ranging from investment strategies to generating additional income and concluding with advice on enlisting advice from financial planners. Check out his post here.