Social Security Bankrupt by 2033? Do This NOW

Social Security recently updated their projections for Social Security solvency of the trust fund. The Committee for a Responsible Federal Budget projected benefits might be cut by 24%. Is Social Security Bankrupt? I’ll tell you how they will likely fix this and give you four actions to take to help protect your financial plan.
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Rapidly approaching insolvency:
www.ssa.gov/oact/TR/2023/inde...
About the reduction:
www.crfb.org/blogs/retirees-f...
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🔑 KEY TOPICS
0:00 - Intro
1:58 - Background Info
4:12 - Potential Fixes
7:42 - 4 Things You Can Do
11:00 - Nick's Predictions
12:48 - Conclusion
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[@bonitahill5239]

Thanks but Jack Bogle answered this issue years before he left this earth. Why they continue to strike fear in the elderly is a shame. There is always tons of funds for everyone else but the hard working US citizens. Thank you for your informative video.

[@conureron3792]

Important to put that retirement budget together to know your expenses.

[@Syncere20]

Sleepy Joe B. will fix this problem 😂

[@davidlong2048]

Government could also just fund our SS bucket instead of giving our tax dollars away. Also didn't they take funds from the ss fund years ago and never pay it back,

[@frankwalder3608]

Will they raise the delayed retirement age from 70 to something higher?