Is Social Security Going to Run Out?

Is Social Security Going to Run Out?

Update: 2024-08-22
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One of the most common questions we get is about Social Security and whether it’s going to run out. If you only read headlines, it seems to be a valid concern. But what’s the reality of the situation and how does it impact you when it’s time to file for Social Security?

 

Here’s what we discuss in this episode:

0:00 – Intro

1:43 – 2024 Trustees Report

2:40 – What goes into the projection?

4:30 – What happens if it runs out?

6:10 – Making Social Security more viable

10:15 – When will change happen?

12:34 – Retirement planning

14:47 – Filing strategies

 

Get in Touch:

Phone: (303) 222-8034

Book an appointment with us: https://www.bowmanfinancialstrategies.com/contact

Our website: https://www.bowmanfinancialstrategies.com/ 

LinkedIn: https://www.linkedin.com/in/bowmanfinancialstrategies/

Facebook: https://www.facebook.com/bowmanfinancialstrategies/

Watch the Podcast on YouTube: Bowman Financial Strategies - YouTube

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Is Social Security Going to Run Out?

Is Social Security Going to Run Out?