Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
Best Of RIBest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd
Search
Shrewd'm.com Merry shrewd investors
Search
Best Of RIBest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd


The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
Answer this questionContinue to Shrewd'mThis note won't appear again
Personal Finance / Retirement Investing
Unthreaded | Threaded | Whole Thread (2) |
Author: AdrianC   😊 😞
Number: of 1281 
Subject: Social Security
Date: 06/11/26 8:20 AM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 6
Latest report:

Social Security Board of Trustees: Projection for Combined Trust Funds Remains Consistent with Prior Year
https://www.ssa.gov/news/en/press/releases/2026-06...

“The OASI Trust Fund reserves are projected to become depleted in the fourth quarter of 2032, with 78 percent of benefits payable at that time. The DI Trust Fund reserves are projected to remain positive throughout the 75-year projection period.”

Nothing new there.

“House Speaker Mike Johnson (R-Louisiana) suggested Monday that he would release a plan next year to address ballooning entitlement spending, leading to Democratic attacks.

“The reason we are in trouble is because over 74 percent of federal spending is on autopilot, mandatory spending,” Johnson told a Louisiana radio station. “That’s your entitlement programs like Medicare, Medicaid and then things like Social Security. They have to be adjusted and fixed.””

Adjusted and fixed. Hmmm.

So, gods willing, I reach FRA in, drum roll please, 2032. How fortuitous. Hit the FICA limit most every year of my long career. You’re welcome, current and previous recipients.

This not actionable, I think. Stick with the plan: Roth conversions to qualify for ACA coverage without going over the subsidy cliff till MrsC is age 66. At which point I’ll take delayed SS. May or may not take hers at age 62 (about half mine). She gets mine when I kick it.

Note that AI agents will not be paying into Social Security.
Post New | Post Reply | Report Post | Recommend It!
Print the post
Members reply directly to AdrianC here — and replies get answered. Reading is free; so is joining the conversation. Join Shrewd'm »
This community has written 1,207 posts about Retirement Investing. The article-length ones it recommended most:
The Case for Long-Term Buy and Hold Investing · 49 recs · 2025
Transferring assets to the next generation · 20 recs · 2025
Retirement Year 8 · 17 recs · 2025
(nearly) year one of retirement has been good · 11 recs · 2026
Buying Treasuries Via Vanguard · 10 recs · 2023
Unthreaded | Threaded | Whole Thread (2) |


Announcements
Retirement Investing FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Best Of RI | Best Of | Favourites & Replies | All Boards | Followed Shrewds | Open Questions | Moving a community