How Social Security Works

Whether you’re currently a senior citizen or hope to live long enough to become one some day, funding our elder years is becoming a bigger & bigger challenge.

For many if not most Americans, Social Security will serve as the bedrock foundation for the income they can expect to receive later in life.

But how does that program work exactly?

What are the pitfalls and the best practices we should be aware of in deciding when and how to enroll in it?

And for those currently not yet seniors, will there even be a Social Security program to rely on by the time we are?

To provide answers to these and many more of the surprisingly tricky questions around Social Security, we’re fortunate to speak with certified financial planner Mary Beth Franklin – author of the book “Maximizing Your Social Security Retirement Benefits”.

As we enter the second half of 2023, will the stronger-than-expected recovery in the markets continue?

Or will forces, such as the lag effect of the Fed's hawkishly aggressive policies over the past year, ruin the current party?

For insight, it helps to talk to those tasked with captaining client capital through the seas ahead.

Today, we're fortunate to hear from Michael Green, portfolio manager & chief strategist at Simplify Asset Management.

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At Wealthion, we show you how to protect and build your wealth by learning from the world’s top experts on finance and money. Each week we add new videos that provide you with access to the foremost specialists in investing, economics, the stock market, real estate and personal finance.

We offer exceptional interviews and explainer videos that dive deep into the trends driving today's markets, the economy, and your own net worth. We give you strategies for financial security, practical answers to questions like “how to grow my investments?”, and effective solutions for wealth building tailored to 'regular' investors just like you.

There’s no doubt that it's a very challenging time right now for the average investor. Above and beyond the recent economic impacts of COVID, the new era of record low interest rates, runaway US debt and US deficits, and trillions of dollars in monetary and fiscal stimulus stimulus has changed the rules of investing by dangerously distorting the Dow index, the S&P 500, and nearly all other asset prices. Can prices keep rising, or is there a painful reckoning ahead?

Let us help you prepare your portfolio just in case the future brings one or more of the following: inflation, deflation, a bull market, a bear market, a market correction, a stock market crash, a real estate bubble, a real estate crash, an economic boom, a recession, a depression, or another global financial crisis.

Put the wisdom from the money & markets experts we feature on Wealthion into action by scheduling a free consultation with Wealthion’s endorsed financial advisors, who will work with you to determine the right next steps for you to take in building your wealth.

SCHEDULE YOUR FREE WEALTH CONSULTATION with Wealthion's endorsed financial advisors here: ⁠⁠⁠⁠⁠⁠https://www.wealthion.com/⁠⁠⁠⁠⁠⁠

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IMPORTANT NOTE: The information and opinions offered in this video by Wealthion or its interview guests are for educational purposes ONLY and should NOT be construed as personal financial advice. We strongly recommend that any potential decisions and actions you may take in your investment portfolio be conducted under the guidance and supervision of a quality professional financial advisor in good standing with the securities industry. When it comes to investing, past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. All investments involve risk and may result in partial or total loss.

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