Ep 116: Getting Real About Social Security
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If Congress does nothing they would project a 23% cut to benefits as early as 2034. The interesting thing about this is it’s probably surprising
for a lot of people but maybe it shouldn’t be. Social Security has been printing where the trust fund is on your social security statement. Literally, the front page of it for quite some time.
It’s human nature to forget about something until it becomes important to you. The main point of the article is that a lot of people are starting their social security draw at 62. They think that if they go ahead and start social security it will be harder to mess with their current payments.
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