Since 2021 American Social Security has paid out more than itâs brought in. And the reason is simple economics. The retirement of baby boomers is increasing the ratio of beneficiaries to workers. At the same time⦠Those baby boomers are living longer and getting paid longer. So there are more and more people drawing on Social Security each year⦠AND those people are getting paid for more years than they used to. The result? Social Security canât keep up. In fact⦠The U.S. Government just announced that Social Security will be depleted by 2033. Which is a year earlier than they initially predicted. Perhaps more alarming is the fact that the Medicare trust fund is also running out. Thereâs a projected 11% pay cut to health care providers unless changes are made by 2031. Now⦠They SAY that even if the Social Security fund runs out⦠People will still receive 70% of their benefits. But they also said that we should trust Social Security. That it could never run out. Then they said it would run out⦠but not for a long time. Then they said it would run out in 2034. Now itâs projected to run out in 2033. I donât know about you⦠But even IF the government is right (and not lying about when the fund will REALLY run out)... I donât think anyone wants to live on 70% of their Social Security. Because EVEN IF somehow Social Security does last that long⦠Weâre going to have so much inflation by 2033 that your Social Security will be more like 50% or less. And if that sits well with you⦠Then for your sake I hope it works out. But if youâre ready to take complete control of your financial future⦠And make as much income as you want regardless of what happens to the economy, government, or social security⦠[Go Here To Be Your Own Social Security]( To your health, wealth, and happiness, Bob Diamond Bob Diamond stands as an emblem of excellence in the realm of real estate, with a rich and varied career path that stretches over more than two decades. He has donned several hats in his illustrious career, serving as a real estate investor, attorney, and developer, each role allowing him to delve deeper into the intricacies of the field and enhance his comprehensive understanding of the sector. Furthermore, his knowledge doesn't remain confined to his professional pursuits alone. He has taken the initiative to distill his wisdom into several books on real estate investing, which are rich in practical insights, illuminating the labyrinthine subject for novices and veterans alike.
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