In recent news, the Wall Street Marketwatch and Investment News reported that “Medicare’s trust fund will be exhausted in 2026…Social Security taps into trust fund for the first time in thirty years…
and that Stock Market returns over the next decade will be well below historical norms.”
With all these negative projections, it’s hard to know what is real and what is speculation.
Unfortunately, math doesn’t lie. According to the program’s trustees, “the adverse costs of the changes happening within Medicare and hospital insurance fund spending are anticipated to be greater than last year.”
Higher costs for them mean less coverage and rising costs for you. Are you financially prepared for that?
This week on the David Lukas Show, our host David Lukas, of David Lukas Financial, talks about the uncertainties associated with the future of Medicare and Social Security.
Throughout the hour, David explains how both current and soon-to-be retirees can no longer rely on just one source of income in retirement.
Important topics discussed in today’s show:
- Why the three most important words in retirement are income, income, income
- How to navigate the critical challenges ahead with Medicare and Social Security
- Your options to generate income after retirement
To hear all of the excellent information provided in today’s show, listen to the entire episode today!
*Marketwatch article quoted: Medicare Finances Downgraded In New Report
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David Lukas Financial is planning its next Maximizing Your Social Security Course. You can call get on the waiting list at DavidLukasFinancial.com
The Guide to Social Security can help you understand how to keep up to 32% more of your money for retirement. Since you have a choice of when to start Social Security and also your individual or employer-plan qualified retirement money, can be coordinated to maximize your Social Security. Request your Free Guide To Social Security today! (Must be a resident of Arkansas)