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Key Takeaways:
If your full retirement age is 67 and you begin claiming Social Security benefits at 62, your monthly benefit is reduced, and it typically stays reduced for life.
Your benefit amount can still change after you claim, but these changes are typically due to cost-of-living adjustments and other pol...
Social Security’s funding crisis is no longer a distant concern. The latest Trustees Report projects that Social Security’s main trust fund will be able to pay full benefits only until late 2032, after which incoming payroll tax revenue may cover just 78% of scheduled benefits. In this video, we break down why retirees could face benefit reductions of 17% to 22% without congr...
Social Security’s main trust fund is projected to pay full benefits only until late 2032. Without congressional action, retirees could face benefit reductions of 17 percent to 22 percent. A Gold IRA can help protect your finances from inflation, uncertainty, and reduced government benefits.
The Social Security Shortfall
For de...
Rising inflation has shifted the market conversation from expected rate cuts to possible rate hikes. Higher rates could pressure AI stocks, major indexes, and the 401(k)s tied to them. A Gold IRA can help protect your finances from inflation, policy mistakes, and market volatility.
The Risk of Rising Interest Rates
For mon...