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Social Security's Uncertain Future and the Golden Bachelor's Retirement Story
Manage episode 407502733 series 3561344
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Is Social Security's future secure? The history of Social Security reforms and potential future cuts loom large. If you've ever wondered whether Social Security will be there for you, this is a must-listen episode.
In 1983, Congress made pivotal changes to Social Security, including cutting benefits and raising retirement ages. Fast forward 40 years, and Social Security faces new challenges. Kevin Bach breaks down the potential risks to your Social Security income and discusses the significance of a potential 23% benefit cut in 2033. If you're concerned about the future of Social Security, this episode provides critical insights.
But the retirement discussion doesn't stop there. We transition to a heartwarming story of love and late-life adventures with the "Golden Bachelor." Meet Gary Turner, a 71-year-old father and grandfather, who decided it's never too late to find love again. Gary's journey on the Bachelor spin-off, "Golden Bachelor," reminds us that life is full of surprises, even in retirement.
#retirement #financialplanner #financialliteracy #wealth #fyp #podcast
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