Is Social Security Going Broke? No — but You May Want to Pretend It Is.
From Nasdaq: 2025-05-10 05:49:00
Social Security faces financial strain as obligations surpass revenue, leading to trust fund depletion and potential benefit cuts. Even without cuts, benefits may only cover 40% of pre-retirement income, making it crucial to save independently. Small, consistent contributions can accumulate significantly over time, easing reliance on Social Security. Maximize retirement savings to mitigate potential benefit reductions. Discover “Social Security secrets” for a possible $22,924 annual boost in retirement income. It’s essential to prioritize personal savings to supplement Social Security and ensure financial security in retirement.
Read more at Nasdaq: Is Social Security Going Broke? No — but You May Want to Pretend It Is.