𝐒𝐨𝐜𝐢𝐚𝐥 𝐒𝐞𝐜𝐮𝐫𝐢𝐭𝐲 𝐂𝐫𝐢𝐬𝐢𝐬: 𝐖𝐡𝐚𝐭 𝐘𝐨𝐮 𝐌𝐔𝐒𝐓 𝐃𝐨 𝐁𝐞𝐟𝐨𝐫𝐞 𝟐𝟎𝟑𝟑!  episode artwork

EPISODE · Aug 6, 2025 · 2 MIN

𝐒𝐨𝐜𝐢𝐚𝐥 𝐒𝐞𝐜𝐮𝐫𝐢𝐭𝐲 𝐂𝐫𝐢𝐬𝐢𝐬: 𝐖𝐡𝐚𝐭 𝐘𝐨𝐮 𝐌𝐔𝐒𝐓 𝐃𝐨 𝐁𝐞𝐟𝐨𝐫𝐞 𝟐𝟎𝟑𝟑!

from Get A Grip On Your Money with Damon Carr · host Damon Carr

Social Security is facing a looming crisis, with potential cuts of 21% to retiree payments by 2033 if no action is taken. In this video, we break down the key factors behind this financial strain: a growing number of retirees, fewer workers contributing, and longer life expectancies. We’ll also explore possible solutions Congress may consider, such as raising the tax cap, increasing the retirement age, and adjusting benefits. Plus, we offer practical advice for younger generations to safeguard their financial future. If you find this information helpful, don’t forget to like and share the video to spread awareness! #SocialSecurity #RetirementCrisis #PersonalFinance #SocialSecurityCuts #FinancialPlanning

Episode metadata supplied by the publisher feed · Published Aug 6, 2025

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𝐒𝐨𝐜𝐢𝐚𝐥 𝐒𝐞𝐜𝐮𝐫𝐢𝐭𝐲 𝐂𝐫𝐢𝐬𝐢𝐬: 𝐖𝐡𝐚𝐭 𝐘𝐨𝐮 𝐌𝐔𝐒𝐓 𝐃𝐨 𝐁𝐞𝐟𝐨𝐫𝐞 𝟐𝟎𝟑𝟑!

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