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Shocking Retirement Reality: No Social Security + High Inflation?
Imagine retiring but with no social security and sky-high inflation. Sounds terrifying right?! In 2040, Social Security funds are scheduled to run out. Have you stress tested your financial plan to see how much that would impact your success? Or what happens if inflation continues to erode your savings? Don't panic! In this video, I will show you how to stress test your financial plan to plan for these two worst-case scenarios so you can retire with confidence no matter what the future holds.
Chapters:
0:00 Introduction
0:42 Chapter 1: Stress Testing for Reduced or No Social Security
1:13 Chapter 2: Buffy Financial Plan Baseline & Stress Test, Age 30
3:11 Chapter 3: Buffy No Social Security, Age 40
5:45 Chapter 4: Stress Testing for Chronic Inflation
8:36 Chapter 5: Strategies to Fill the Gap
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https://chisholmfinancialplanning.substack.com/p/7-retirement-planning-factors-free
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Chisholm Financial Planning & Investments is owned by Jenny Logan and is a registered investment advisory firm regulated by the Securities & Exchange Commission in accordance and compliance with US securities laws and regulations. Chisholm Financial Planning & Investments does not render, or offer to render, personalized investment or tax advice through any videos or other content on any social media platform to include YouTube. The information provided in these videos is provided without compensation and for informational and educational purposes only and does not constitute financial, tax, investment, or legal advice.
Copyright © 2024 Chisholm Financial Planning & Investments
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