Social Security Shakeup: What Changes Could Be Coming Down The Line?

Podcasts Retirement Planning Social Security Planning

Social Security is the backbone of retirement for millions of Americans, but big changes could be coming pretty soon. In fact, one Congressman asked the Congressional Budget Office to put together a report detailing the impact of changing the full retirement age from 67 to 69. This change, if implemented, could have huge implications for anyone planning their retirement.

Ryan will breakdown some of the key takeaways and discuss the implications if the government moved forward with this idea. How would it affect planning for different generations and what should you do to prepare for the possibility of Social Security adjustments? Join us for a thorough conversation about the what the future might hold and how to best position yourself.

While the program remains on shaky ground, it’s very likely that Social Security will continue to be a vital part of retirement planning. The key is to stay informed, plan ahead, and adapt strategies as necessary to ensure a secure financial future.

Read the full report here.

Here’s what we discuss in this episode:

0:00 – Intro

1:19 – Full retirement age

3:04 – Key takeaways from the report

9:13 – How should you view Social Security changes at different ages?

13:28 – Final thoughts on Social Security

14:17 – Mailbag

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