• How Raising the Social Security Retirement Age Could Impact You

  • Oct 17 2024
  • Length: 14 mins
  • Podcast

How Raising the Social Security Retirement Age Could Impact You

Listen for free

View show details

  • Summary

  • Social Security is the backbone of retirement for millions of Americans, but big changes may be coming. There’s plenty of speculation about what might change to improve the solvency of the program, and one simple fix would be to change the retirement age. On this episode, we dive into the recently released proposal to raise the full retirement age from 67 to 69 and what it means for your benefits, your future, and your financial security.

    Read the report from the Congressional Budget Office: https://www.cbo.gov/publication/60516

    Here’s some of what we discuss in this episode:

    0:00 – Intro

    1:56 – Phil’s opening thoughts

    3:30 – Who could be impacted

    5:19 – How benefits could change

    10:18 – Funding your own retirement to stay on the safe side

    11:54 – Don’t panic!

    For more, visit us online: http://philstaxhacks.com

    Watch the video podcast on YouTube: Phil's Tax Hacks and Other Retirement Facts
    Show more Show less
Show more Show less
activate_Holiday_promo_in_buybox_DT_T2

What listeners say about How Raising the Social Security Retirement Age Could Impact You

Average customer ratings

Reviews - Please select the tabs below to change the source of reviews.

Audible.com reviews

Amazon reviews
No Reviews are Available