THE TRUTH ABOUT YOUR FUTURE with Ric Edelman 9/26/24: 23% Cut in Social Security Benefits Starts in 2034
The Congressional Budget Office now projects that the Social Security Trust Fund will be depleted by 2034, highlighting a critical and ongoing financial challenge. With benefits potentially cut by 23% for retirees, the need for Congress to address the sustainability of Social Security is urgent, particularly as many Americans rely on these benefits for their livelihoods. Plus, a listener's dilemma highlights the need to adapt investment strategies when transitioning from equities to cryptocurrencies, as the extreme volatility of crypto demands a different approach than traditional stock market rules.
Hashtags:
#SocialSecurity #TrustFund #CBO #RetirementPlanning #EconomicCrisis #BenefitCuts #PayrollTaxes #Congress #Retirees #FinancialFuture #AgingPopulation #SocialSecurityBenefits #PersonalFinance #PolicyChange #DependenceOnSocialSecurity #2034Crisis #Ethereum #CryptoInvesting #StockMarket #InvestmentStrategy #Volatility #Rebalancing #LongTermInvesting #CryptoETF #PatienceInInvesting #PortfolioManagement #SellLow #InvestmentAdvice #WealthBuilding #MarketTrends
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Links from today’s show:
Social Security Trust Fund: https://www.ssa.gov/policy/trust-funds-summary.html
Congressional Budget Office: https://www.cbo.gov/publication/60691
Social Security Administration: http://www.ssa.gov/
Our Spot Ethereum ETFs Toolkit at DACFP.com https://dacfp.com/ethtoolkit/
10/23 Webinar - How to Factor Longevity into Your Financial Planning: https://www.thetayf.com/pages/october-2024-webinar-how-to-factor-longevity-into-your-financial-planning
9/25 Webinar Replay - Unlocking Alpha in Crypto-Equities and Beyond: https://dacfp.com/events/unlocking-alpha-in-crypto-equities-and-beyond
9/20 Webinar Replay - Q4 Crypto Outlook: What You Need to Know Now: https://dacfp.com/events/q4-crypto-outlook-what-you-need-to-know-now
9/11 Webinar Replay – Rates are Poised to Drop, Now What?: https://www.thetayf.com/pages/rates-poised-to-drop-now-what
Become Certified in Blockchain and Digital Assets: https://dacfp.com/certification/
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