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5/25/23: Countdown to the Social Security Crisis

5/25/23: Countdown to the Social Security Crisis

FromTHE TRUTH ABOUT YOUR FUTURE with Ric Edelman


5/25/23: Countdown to the Social Security Crisis

FromTHE TRUTH ABOUT YOUR FUTURE with Ric Edelman

ratings:
Length:
8 minutes
Released:
May 25, 2023
Format:
Podcast episode

Description

Imagine realizing that your Social Security benefits could be reduced by 23% in the near future - what would you do? In today's episode, I tackle the alarming issue of the Social Security Trust Fund's impending insolvency and discuss various predictions on when it will go broke. Find out the implications for both retirees and workers, and learn how millions of Americans might be affected by reductions in benefits or double-digit tax increases.I'll also share some ideas on how retirees can reduce their spending and find alternative income sources. I'll highlight some mutual funds and ETFs offered by Invesco and Global X that could help you achieve your financial goals. Also, check out my wife's podcast, Self-Care with Jean Edelman, for insights on mindfulness and overall wellness.Subscribe to podcast updatesAsk Ric | Ric's Books-----Links from today's show:Invesco ETFsGlobal X ETFsSelf-Care with Jean EdelmanFollow Ric on social media:Facebook | Instagram | LinkedIn | Twitter | YouTubeBrought to you by:Global X ETFsInvesco QQQSchwabDisclosure page-----
Released:
May 25, 2023
Format:
Podcast episode

Titles in the series (100)

Ric Edelman is the nation’s most acclaimed financial advisor, the #1 New York Times bestselling author of 10 books on personal finance with more than one million copies in print in seven languages, and founder of the nation’s largest financial planning firm, ranked #1 for quality by Consumer Reports. Every weekend, Ric gives you the information you need about the five personal finance topics that matter most today: longevity, retirement security, exponential technologies, digital assets, and health & wellness. Using his trademark humor and unique delivery, Ric makes complex topics easy to understand – as only he can! Ric was ranked three times as the nation’s #1 Independent Financial Advisor by Barron’s, and he’s in both Research Magazine’s and Barron’s Financial Advisor Halls of Fame. He’s also recipient of IARFC’s Lifetime Achievement Award. Investment Advisor, RIABiz and InvestmentNews all named him one of the most influential people in the investment management profession – and he’s been named six times by TALKERS as one of the HEAVY HUNDRED – the 100 most important radio talk show hosts in the country! Tune in to Ric’s show every weekend for the knowledge you need to achieve financial success! For more information, visit www.thetayf.com