In 2020, Social Security will begin paying out more in benefits than it receives in revenue for the first time since the Social Security trust funds were established, according to the latest Social Security and Medicare Trustees report.
Do you know what that might mean for you and your future?
For many of us Social Security will be a major part of our retirement income. With that in mind, it is important for you to understand HOW Social Security will be changing in order to make smart financial decisions. As the Baby Boomer generation continues reaching retirement age (at a rate of around 10,000 boomers per day) it is important to understand how these new changes might impact you. Here's how Social Security will be changing for 2020.
If you would like a FREE personalized Social Security & Retirement analysis to learn how coordinating Social Security Benefits with all the other aspects of your financial life... feel free to reach out to us at 1-877-529-6543. The odds are we may be able to help you maximize your income while minimizing taxes on your Social Security and more.