Financial Planning Roundup: Social Security Trust Fund Projected Depletion Moves Closer

The Trustees of the Social Security and Medicare trust funds released their annual report this month. The big headline finding: “The Old-Age and Survivors Insurance (OASI) Trust Fund will be able to pay 100 percent of total scheduled benefits until the fourth quarter of 2032, one quarter earlier than projected last year. At that time, the fund’s reserves will become depleted and continuing program income will be sufficient to pay 78 percent of total scheduled benefits.”

• Summary report here
• Full report here (as pdf)

Other Recommended Reading

• Long-Term Care And Estate Planning For Childfree People from Jay Zigmont
• Why I’ve Changed My Mind About Dividend-Paying Stocks from Christine Benz
• Should You Reinvest Dividends? from Amy Arnott
• What Happens to the Stock Market When Baby Boomers Sell? from Ben Carlson
• The Sandbox Problem (on the risks of using agentic AI) from Adrian Johnstone and Dan Arnison
• A 5-Point Checklist for Managing Your Aging Parents’ Money (NYT) from Lisa Rabasca Roepe
• The World’s Leading Deepfake Expert No Longer Trusts His Own Eyes (NYT) from Eli Saslow and Erin Schaff

Thanks for reading!