11/3/23: Why Medicare and Social Security Funding Puts Young Workers At Risk

WATCH THE VIDEO OF THIS PODCAST HERE: https://www.thetayf.com/pages/multimedia?wchannelid=c4ogwxwvtw&wmediaid=q3pnzuwrev On today's podcast, Ric explores the critical state of Social Security funding with Marc Goldwein, Senior Policy Director at the Committee for a Responsible Federal Budget, highlighting a potential shortfall by 2033. They discuss necessary policy reforms to safeguard young workers' financial futures amidst these challenges. Separately, Ric addresses the escalating costs of Alzheimer's disease, emphasizing its profound impact on families and healthcare economics. The episode offers actionable insights into fiscal strategies and the importance of early financial planning. Subscribe to podcast updates: https://form.jotform.com/223614751580152 Ask Ric: https://www.thetayf.com/pages/ask-ric Ric's Books: https://www.amazon.com/stores/Ric-Edelman/author/B000APYJPM ----- Links from today's show: Invesco Nasdaq 100 ETF: https://www.invesco.com/us/en/etf/nasdaq-100-qqqm.html Invesco S&P 500 Equal Weight ETF: https://www.invesco.com/us/financial-products/etfs/product-detail?audienceType=Investor&productId=ETF-RSP Invesco S&P 500 Pure Value ETF: https://www.invesco.com/us/financial-products/etfs/product-detail?audienceType=Investor&productId=ETF-RPV Tax-loss harvesting: Your investment losses could lower your tax bill: https://www.invesco.com/us/en/insights/tax-loss-harvesting-could-lower-your-tax-bill.html How to avoid the downside of capital gains: https://www.invesco.com/us/en/insights/how-to-avoid-downside-of-capital-gains.html Edelman Financial: https://www.edelmanfinancialengines.com/ Medicare Hospital Insurance Trust Fund: https://www.taxpolicycenter.org/briefing-book/what-medicare-trust-fund-and-how-it-financed Committee for a Responsible Federal Budget: https://www.crfb.org/ Committee for a Responsible Federal Budget - Issue Areas list: https://www.crfb.org/issue-areas Highway Trust Fund: https://www.taxpolicycenter.org/briefing-book/what-highway-trust-fund-and-how-it-financed Infrastructure Investment and Jobs Act: https://en.wikipedia.org/wiki/Infrastructure_Investment_and_Jobs_Act Inflation Reduction Act: https://en.wikipedia.org/wiki/Inflation_Reduction_Act Self-Care with Jean Edelman: http://www.selfcarewithjean.com/ ----- Follow Ric on social media: Facebook: https://www.facebook.com/RicEdelman Instagram: https://www.instagram.com/ric_edelman/ LinkedIn: https://www.linkedin.com/in/ricedelman/ X (formerly Twitter): https://twitter.com/ricedelman YouTube: https://www.youtube.com/@RicEdelman Brought to you by: Global X ETFs: https://www.globalxetfs.com/ Invesco QQQ: https://www.invesco.com/qqq-etf/en/home.html Schwab: https://www.schwab.com/ Disclosure page: https://www.thetayf.com/pages/sponsorship-disclosure-fee -----