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Podcast: Your Financial EKGâ„¢ | Retirement Planning | Investment and Wealth Management | Financial Planning
Episode: Is Social Security Running Out Of Money?
Description: In this podcast I want to discuss the new forecast showing Social Security running out of money in 2033. This is an update to last years Social Security forecast that showed Social Security running out in 2034.Â
Here are some quick highlights from the podcast: Â
-Primary Social Security fund for Retired Individuals will run out in 2033.Â
-Social Security is expected to pay out more retirement income to retired individuals than it takes collects in 2021. Â
-Old Age & Survivors Insurance Trust fund which provides Retirement Income to retired social security claiming individual's will from out in 2...