11/3/23: Why Medicare and Social Security Funding Puts Young Workers At Risk

WATCH THE VIDEO OF THIS PODCAST HERE: https://www.thetayf.com/pages/multimedia?wchannelid=c4ogwxwvtw&wmediaid=q3pnzuwrev

On today's podcast, Ric explores the critical state of Social Security funding with Marc Goldwein, Senior Policy Director at the Committee for a Responsible Federal Budget, highlighting a potential shortfall by 2033. They discuss necessary policy reforms to safeguard young workers' financial futures amidst these challenges. Separately, Ric addresses the escalating costs of Alzheimer's disease, emphasizing its profound impact on families and healthcare economics. The episode offers actionable insights into fiscal strategies and the importance of early financial planning.

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Links from today's show:

Invesco Nasdaq 100 ETF: https://www.invesco.com/us/en/etf/nasdaq-100-qqqm.html

Invesco S&P 500 Equal Weight ETF: https://www.invesco.com/us/financial-products/etfs/product-detail?audienceType=Investor&productId=ETF-RSP

Invesco S&P 500 Pure Value ETF: https://www.invesco.com/us/financial-products/etfs/product-detail?audienceType=Investor&productId=ETF-RPV

Tax-loss harvesting: Your investment losses could lower your tax bill: https://www.invesco.com/us/en/insights/tax-loss-harvesting-could-lower-your-tax-bill.html

How to avoid the downside of capital gains: https://www.invesco.com/us/en/insights/how-to-avoid-downside-of-capital-gains.html

Edelman Financial: https://www.edelmanfinancialengines.com/

Medicare Hospital Insurance Trust Fund: https://www.taxpolicycenter.org/briefing-book/what-medicare-trust-fund-and-how-it-financed

Committee for a Responsible Federal Budget: https://www.crfb.org/

Committee for a Responsible Federal Budget - Issue Areas list: https://www.crfb.org/issue-areas

Highway Trust Fund: https://www.taxpolicycenter.org/briefing-book/what-highway-trust-fund-and-how-it-financed

Infrastructure Investment and Jobs Act: https://en.wikipedia.org/wiki/Infrastructure_Investment_and_Jobs_Act

Inflation Reduction Act: https://en.wikipedia.org/wiki/Inflation_Reduction_Act

Self-Care with Jean Edelman: http://www.selfcarewithjean.com/

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