Social Security’s Financial Outlook: The 2025 Update in Perspective
This article appears as part of Casey Weade's Weekend Reading for Retirees series. Every Friday, Casey highlights four hand-picked articles on trending retirement topics and delivers them straight to your email inbox. Get on the list here.
Weekend Reading
The 2025 Social Security Trustees Report does not carry shock value but reinforces a truth we've known for decades: If Congress fails to act by 2033, retirees could see a 23 percent cut to their benefits.
READ THE ARTICLEPotential Solutions: The Trustees suggest the system could be stabilized by increasing payroll taxes by 3.82 percentage points or through enacting an equivalent mix of revenue increases and benefit adjustments. And while future assumptions about birth rates, immigration, and life expectancy add layers of uncertainty, the fix is still within reach. Further, the sooner action is taken, the more gradual the solution can be.
Key Takeaway: Your retirement should be built around purpose and peace of mind—not uncertainty. While you can’t change government policy on your own, you can plan with knowledge, intention, and the right guidance. We’re here to help you do just that.