I'm curious if anyone else has taken into consideration the 2034 Social Security Trust concerns when determining whether to wait until 70 or not? Though a potential 20% cut in SS in 2034 won't be devastating for us at that time, it will affect us in a major way, impacting travel and other extras in our lives; and possibly greater impact 20 years from then if not rectified. I think there is a greater than even chance that the 2034 cliff will be fixed, but it's still an unknown. It wasn't a major point in deciding to wait until 70 (in 2026) but we thought it was another point to wait til 70 and hedge our bets in this area. Jonathan, I'm curious on who your readers/subscribers are from a financially secure aspect? Monetary worth? Age groups? I appreciate your websites content and the comment discussion on these issues. I have learned so much though the years, just wish I had started earlier....
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I'm curious if anyone else has taken into consideration the 2034 Social Security Trust concerns when determining whether to wait until 70 or not? Though a potential 20% cut in SS in 2034 won't be devastating for us at that time, it will affect us in a major way, impacting travel and other extras in our lives; and possibly greater impact 20 years from then if not rectified. I think there is a greater than even chance that the 2034 cliff will be fixed, but it's still an unknown. It wasn't a major point in deciding to wait until 70 (in 2026) but we thought it was another point to wait til 70 and hedge our bets in this area. Jonathan, I'm curious on who your readers/subscribers are from a financially secure aspect? Monetary worth? Age groups? I appreciate your websites content and the comment discussion on these issues. I have learned so much though the years, just wish I had started earlier....
Post: Breaking even? Why should anyone care? I don’t
Link to comment from May 17, 2025