"Future Social Security Cuts: One Strategy to Boost Your Retirement"
TL;DR Summary
Social Security benefits may face a 17% cut by 2035 due to trust fund depletion, potentially reducing the average monthly benefit by $405. To mitigate this, individuals should start saving and investing now to build a retirement nest egg, aiming to supplement the potential shortfall in Social Security income.
Topics:business#benefit-cuts#investment#personal-finance#retirement-planning#savings#social-security
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