1/10/23: Why the 8.7% Soc. Sec. Cost of Living Adjustment is Bad News - The Real Figure is -23%! episode artwork

EPISODE · Jan 10, 2023 · 13 MIN

1/10/23: Why the 8.7% Soc. Sec. Cost of Living Adjustment is Bad News - The Real Figure is -23%!

from THE TRUTH ABOUT YOUR FUTURE with Ric Edelman · host Ric Edelman

It's Tuesday, January 10. On today's show: the gap between what Social Security was MEANT to provide when it was created and how it's actually being used today. When Social Security was created, there were a lot of workers and not a lot of retirees because life expectancy was so low - we're just not dying at 65 anymore like we are supposed to! Take a look at your current S.S. statement and what your benefit is supposed to be, and cut that number by 25%. The truth about your future is that in 10 years, that will be your reality if Congress doesn't act now. Links from today’s show: Today’s sponsors: Global X ETFs Invesco QQQ ----- Subscribe to podcast updates The Truth About Your Future website Ask Ric a question on his show Follow Ric on social media: Facebook Twitter YouTube Instagram

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1/10/23: Why the 8.7% Soc. Sec. Cost of Living Adjustment is Bad News - The Real Figure is -23%!

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