Retirement Advisor: The ‘Right’ To Social Security
Financial advisor Devin Carroll, in an article on MarketWatch, put together a list of seven Social Security myths, one of which concerns the perception that Social Security is a right. He shows that Supreme Court decisions have clarified that Social Security is not a right that is earmarked to the beneficiary. This podcast (6:06) argues that both demographics and economics make it hard to imagine how Congress will not exercise its prerogative to cut benefits by at least 25 percent by 2035. Learn more about your ad choices. Visit megaphone.fm/adchoices