"Reconsidering Social Security: Ben Shapiro's Perspective on Retirement Benefits"

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Source: Yahoo Finance
"Reconsidering Social Security: Ben Shapiro's Perspective on Retirement Benefits"
Photo: Yahoo Finance
TL;DR Summary

Ben Shapiro argues that the retirement age should be raised due to increased life expectancy and fiscal sustainability concerns, criticizing the idea of retirement as "stupid" unless health issues are involved. He believes that relying solely on Social Security benefits for over 20 years is not financially viable, with the average monthly benefit being close to the federal poverty level. To ensure a comfortable retirement, individuals are advised to take charge of building their nest egg through tax-advantaged accounts, delayed-retirement credits, and potential part-time work or relocation to reduce expenses.

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