Re: [TSPStrategy] Off Topic: Your thoughts on this Social Security Article- Delaying payments

Probably.  I think "means testing" (e.g. your benefit gets reduced if you have other income or assets) is a real possibility.

The other alternative is raising taxes but Congress even now is considering spending $3.5 trillion that the government will have to get from somewhere (likely by just printing it).

 

From: TSPStrategy@groups.io <TSPStrategy@groups.io> On Behalf Of Mark Faust
Sent: Sunday, September 5, 2021 9:45 AM
To: TSPStrategy@groups.io
Subject: Re: [TSPStrategy] Off Topic: Your thoughts on this Social Security Article- Delaying payments

 

And this is all based on the fact we will have a solvent Social Security system in the future. Last numbers I saw was SSA was headed for insolvency in 12 years.  I wonder if we should be worrying about that variable as well?