50% of Social Security STOLEN?!

A few years ago the U.S. Government said that Social Security would be depleted by 2034.  But according to more recent projections…  Social Security will run dry by 2033.  Now…  The important thing is that Social Security payments will not stop if the fund is depleted.  That's the good news.  The bad news is that Social Security payments will only pay out 70% of the promised amount - OR LESS.  Now that might not sound so bad.  Even though Social Security wasn't going to make anyone financially free…  It SHOULD be enough to live on right?  So 70% of it will be tight but not unmanageable right?  Wrong.  Because that 70% DOESN'T take inflation into account.  Prices are still up 19% on average over the past 3 years…  And historically once the price of life goes up - it never comes back down.  At least not permanently.  So in the last 3 years prices went up 19%.  In the next 10 years, Social Security is going to pay 70% of what it does today.  (ie. 30% less than it does right now)  And EVEN IF inflation slows down to the 'normal' rate of 3% per year…  You'll have 30% less buying power by 2033 EVEN IF the Fed manages to slow inflation down.  (which, let's be honest, is optimistic at best)  So suddenly we have this perfect storm where inflation is up 19% + 30% best case scenario…  And Social Security is set to pay you 30% less in 10 years.  That means you'll have ~50% less buying power with 30% less income.  Or the other way to look at that…  Is that HALF your Social Security just disappeared into thin air.  And that's the best case scenario.  Now I'm not trying to be all alarmist and doom and gloom.  Because the way I see it…  There are two options:  You can sit around and do nothing (and then end up stuck or scrambling like everyone else)...  Or you can count yourself lucky you're seeing things NOW…  And [GO HERE]( to take action and write your own Social Security check.  - New Wealth Daily    Your Weekly Dose of Financial Wisdom Thanks for being a valued subscriber of New Wealth Daily. Each week, new practical tips, insights, and proven wealth-building strategies are delivered straight to your inbox. Our mission is to help you navigate the world of personal finance with confidence and clarity.  Spread the Word If you find our newsletter valuable, appreciate it if you could share it with your friends, family, or colleagues who might be interested in taking control of their financial future.  About New Wealth Daily New Wealth Daily is your go-to source for financial education and guidance. Our team of seasoned experts brings together decades of experience in finance, investing, and wealth management. New Wealth is committed to delivering unbiased, easy-to-understand content that empowers you to make smart moves to achieve your financial goals.  Have a Question? If you have any questions, suggestions, or need personalized advice, our team can help. Simply reply to this email and let us know.  YouTube Fan? Us On YouTube]( [Secret Link]( In order to unsubscribe from this mailing list, please click [here](