Is it Possible to Fix Social Security? The Painful Truth

In our previous episode, we discussed the troubling state of Social Security, but today we dive into the possible solutions.

From increasing the payroll tax to adjusting the retirement age, we explore actionable steps to secure Social Security for the next 75 years and beyond.

Learn how these changes could impact you, your kids, or your grandkids, and what it might mean for the broader economy. Whether you're nearing retirement or just starting your career, this episode breaks down what needs to be done to keep Social Security solvent.

Links: https://www.crfb.org/socialsecurityreformer/

This content was written by Spencer S. Hall CFP®, RLP ®, CKA ®, MBA, MDiv

Spencer is a Certified Financial Planner™ with 14 years in the field of retirement and financial planning. As a second-generation financial advisor at Retirement Planning Services, Spencer brings a wealth of experience and passion to help clients align their wealth with their core values.

Advisory services offered through Retirement Planning Services, LLC.

The information in this article is intended for general educational and informational purposes only, and should not be construed as investment advisory, financial planning, legal, tax, or other professional advice based on your specific situation. Please consult with your professional advisor(s) before taking any action based on its contents.