What changes are coming to social security in 2025?

Are you worried about upcoming changes to Social Security? Wondering how the 2025 updates might affect your retirement plans? In this episode of The Ask Ralph Show, Ralph Estep Jr. breaks down the essential changes to Social Security in 2025, including updates to the Cost of Living Adjustment (COLA), Full Retirement Age (FRA), and wage caps. Learn how these changes could impact your benefits and discover actionable strategies to secure your financial future. Tune in for expert advice on navigating these updates with confidence.

https://www.askralphpodcast.com/social-security-in-2025/

Podcast Timestamps:
00:00 Episode Overview
00:58 Listener’s Question: How Will Social Security Changes Affect My Retirement?
04:06 Bible Verse: Proverbs 13:22 – Leaving an Inheritance for Generations
05:20 Key Social Security Updates for 2025
05:27 #1 Cost of Living Adjustment (COLA): What to Expect
06:34 #2 Full Retirement Age (FRA): New Rules and Implications
07:35 #3 Wage Cap Increases: What It Means for Workers and Employers
09:43 Real-Life Story: James’ Financial Transformation Through Planning
12:22 How To Boost Your Income Beyond Social Security
12:49 #1 Investment Diversification
13:58 #2 Multiple Income Streams
14:59 #3 Retirement Account Optimization
18:13 Cash Flow Management
19:30 Asset Evaluation
21:47 Call to Action
23:33 Actionable Steps to Prepare for Social Security Changes
25:00 Closing

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