Press

This year’s Social Security Trustees report was not as scary as many might have expected, with the estimate for depletion of the trust funds moved up just one year, from 2035 to 2034 for the combined Old Age Survivors and Disability (OASDI) trust funds and from 2034 to 2033 for the OASI fund (excluding disability). However, there are a few reasons to prepare for more dramatic changes. In this Retirement Daily article, Preparing for the Uncertain Future of the Social Security System, Covisum® Founder and President, Joe Elsasser, CFP® outlines what you need to know about the most recent report.

Anxiety about the future of the Social Security program is growing. In a recent Nationwide survey, 71% of adults of all generations said they are more worried now that Social Security will run out of funding. In this Retirement Daily article, The Impact of Cuts to Social Security Benefits, Covisum® Founder and President, Joe Elsasser, CFP® shows the impact that benefit cuts could have on a retirement strategy and how individuals can see the impact on their own strategies.