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Podcast: Trust the Plan Podcast with Nick Hopwood, CFP® and Jim Pilat, CFP®
Episode: EP 283: France Raised Retirement Age: Is the U.S. Next?
Description: On this episode of the Trust the Plan Podcast, financial experts Nick Hopwood, CFP® and Preston Gee, CFP® discuss the uncertain future of Social Security, referencing both U.S. developments and international changes.
They noted that the U.S. Social Security program is projected to be unable to pay full benefits by 2033—just eight years away—unless reforms are made. Nick emphasized that while nothing is likely to change in the short term due to political gridlock, future adjustments are inevitable.
They pointed to France’s recent 2023 decision to raise the retirement age from 62 to 64, despite...