126. Could the Debt Limit Crisis Derail Your Retirement?

Are you worried about how the debt limit crisis could affect you in retirement? Schedule your 15 Minute Retirement Check-Up Call to talk with a retirement planner about your specific situation at ⁠MerkleRetire.com⁠ -- ABOUT THIS EPISODE The government has technically run out of money to meet its financial obligations and if the debt limit is not raised, it could lead to defaults on loans, unpaid Medicare and Social Security benefit recipients and a significant drop in the stock market. In the past, the debt ceiling has been raised many times with little drama. However, the new Republican majority in the House may use the debt limit as leverage to push for policy changes. The debt ceiling debate will be a major topic in the news over the coming months so listen as we dig deeper into this topic and how your retirement could be affected. -- Loren Merkle, CERTIFIED FINANCIAL PLANNER™, RETIREMENT INCOME CERTIFIED PROFESSIONAL®, CERTIFIED FINANCIAL FIDUCIARY® Molly Nelson, Host of Retiring Today Richelle Smith, Producer of Retiring Today