Can We Count on Social Security or is it Busted? #413

Climate change used to feel like one of those things that was way off in the future. But then we see the headlines of extreme weather, or perhaps you’ve experienced it first-hand, and we realize that it could be more imminent than we used to think. It’s no longer an abstract concept but a concrete reality. And so it is with our perception of Social Security- it used to just be an annoyance that shrunk our paychecks as teenagers. But now as more responsible adults, we’re looking ahead and wondering if Social Security will even be a thing by the time we’re retirement age. And recent reports say that the Social Security fund will be insolvent by 2033?! That’s why today on the show we’re asking- whether or not we can count on Social Security retirement benefits and the additional steps we can start taking now to ensure a comfortable future.

During this episode we enjoyed a Roosevelt Coffee Stout by Olentangy River Brewing- thanks to Scott for sending this one our way! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!

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