Ep 455. The 2033 Social Security Problem — And How to Prepare

With Social Security’s projected funding shortfall moving closer, David and Brad Starken break down what a potential 18% reduction in future benefits could mean for retirees and those approaching retirement. They discuss one possible strategy for creating a guaranteed income backstop, while emphasizing that Social Security decisions are highly individualized and should account for taxes, survivor benefits, working income, and overall retirement goals.