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Social Security Shake-Up: How Raising the Retirement Age Could Impact You
Manage episode 444520305 series 3378480
Konten disediakan oleh Liz Whitteberry. Semua konten podcast termasuk episode, grafik, dan deskripsi podcast diunggah dan disediakan langsung oleh Liz Whitteberry atau mitra platform podcast mereka. Jika Anda yakin seseorang menggunakan karya berhak cipta Anda tanpa izin, Anda dapat mengikuti proses yang diuraikan di sini https://id.player.fm/legal.
Social Security is the backbone of retirement for millions of Americans, but big changes may be coming. In this episode, we dive into the recently released proposal to raise the full retirement age to 69 and what it means for your benefits, future, and financial security.
Stay tuned as Liz breaks down the history of Social Security, the reasons behind these proposal changes, and the potential long-term effects on individuals born after 1965. Discover how these changes might reshape your retirement planning and what steps you can take to prepare. Tune in now and ensure your financial future is on the right path!
Here’s some of what we discuss in today’s show:
- The proposal to raise the Social Security age to 69
- The potential impact on benefits and early retirement
- The potential increase in the delayed retirement credit age to 72
- Social Security’s financial stability + this proposal's long-term impact
- The pros and cons of raising the FRA to 69
If you are interested in learning more about how we could help you plan for retirement, contact us here: https://www.bestpathadvisors.com/contact
Check out Liz's YouTube Channel: Best Path Advisors - YouTube
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