Here’s Why I Expect Less Money Out of Social Security (and It’s Not the Reason You Think)
From Nasdaq: 2025-06-15 04:47:00
- Social Security is not running out of money, but it will owe more in benefits than it collects in revenue due to baby boomers retiring in masses.
- Lawmakers may have to prevent Social Security benefit cuts to avoid a crisis, but workers should brace for potential reductions in benefits.
- Filing for Social Security at 62 could result in smaller monthly benefits, but it may be a wise decision based on individual circumstances and needs.
- Consider maximizing Social Security benefits to boost retirement income and retire confidently by learning strategies to optimize benefits.
Read more at Nasdaq: Here’s Why I Expect Less Money Out of Social Security (and It’s Not the Reason You Think)