Social Security Anxiety: Planning for Retirement
Update: 2025-11-08
Description
Growing concerns over Social Securitys future prompt Americans to rethink retirement strategies. A recent report reveals that nearly 40% of middle-class Americans fear their benefits will be cut, despite a 2.8% cost-of-living adjustment for 2026. Retirees and workers alike question whether the raise is enough to cover real-world expense increases. This uncertainty leads many to consider bolstering their financial plans, such as stress-testing retirement budgets, delaying Social Security claims, and building non-Social Security income streams. While the upcoming adjustment offers some relief, it doesnt fully address underlying concerns about inflation, policy uncertainty, and eroding purchasing power. The key takeaway: proactively plan and diversify income sources for a more resilient retirement.
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