))
How Congress is destroying your Social Security
Manage episode 417685130 series 3411130
Content provided by George Caylor. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by George Caylor or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Congress destroying our Social Security
I’ve been a financial planner now for 52 years, and never before have clients so earnestly asked, “Will Social Security be there for me?” For many younger people, “No, it won’t be.” The Social Security system was simply meant as a supplement to what people had saved. You know - their 4O1K, IRA, and so on. And people aren’t saving much anymore. And with the inflation that Mr Biden has given us, everything is so much more expensive. And the Social Security Trust Fund has been raided by Congress for the last 50 years. Every time they want to borrow money, they borrow it from the Social Security Trust Fund. Other than government IOU’s, it’s empty. And more and more people are coming our border. So it’s not just the baby boomers, but all the illegal aliens that are coming across our border. They’re getting benefits from the Social Security system, from the medical system, and you-name-it. So who is this going to cost? Our retirees! Sponsored by the Caylor Group Wealth Management in Lynchburg VA. Call 434-455-7197.
460 episodes
Share
