Jun 6, 2018

Retiring can be the most exciting thing you ever do, but it can also be one of the scariest. Right when you thought you had everything figured out, questions can arise. Doubt can set in.  It’s quite normal for example, to be asking yourself questions like “have I set aside enough money?”  “How will I make my income last?” and “What if the stock market falls right at the beginning or in the middle of my retirement?” But there is another question that many people have been asking—and maybe you have, too….“Will Social Security always be there for me?”  Well, the news that just came out from the Social Security and Medicare trustees recently isn’t pretty. The official Trustee's report says that Social Security’s trust fund is still on pace to go completely insolvent in 2034.  Medicare is in worse shape. Trustees say Medicare will become insolvent in 2026! — less than eight years from now!. What do these huge events mean to you and how can you protect yourself? You've got questions, we've got answers!  MASTERING MONEY is on the air!