Actuaries estimate full benefits can only be paid thru Q3 2032 I was watching TV the other night when this line stopped me in my tracks: “Social Security represents one-quarter of the federal government and will be bankrupt in 17 years.” Do you know what I was watching? Hint… it was not a network or cable news show. Rather, it was an episode on the mega-hit TV show, The … [Read more...] about Social Security Reserves Down to Six Years
Social Security Trustees Report
2025 Social Security Trustees Report—Impact of a 23% Cut in Your Benefits
On June 18, 2025, the new troop of Social Security trustees released the 2025 Social Security Trustees Report. This annual requirement reports the health of four critical social safety net trust funds managed by the trustees. The four are OASI, DI, HI, and SMI. For retirement, the most important trust fund is OASI—Old Age and Survivors Insurance. This year’s report projects the … [Read more...] about 2025 Social Security Trustees Report—Impact of a 23% Cut in Your Benefits
