So what do you think you will be getting from Social Security?
This doesn't even address the new calculation method that lowers your benefit before they even get to cutting it by a percentage.
Today, the Social Security Board of Trustees released its annual report on the long-term financial status of the Old-Age and Survivors Insurance (OASI) and Disability Insurance (DI) Trust Funds.
The combined trust funds are projected to become depleted in 2034, with 78% of benefits payable at that time. The DI Trust Fund is estimated to become depleted in 2057, with 91% of benefits still payable.
For more information, please visit www.ssa.gov/news/press/releases/2021/#8-2021-2