Social Security Insolvency: What It Really Means for Your Retirement

Social Security is back in the headlines, with warnings that the trust fund could become insolvent as early as 2032. Does that mean your benefits are at risk? Should you claim early? Economist Larry Kotlikoff joins us to separate fact from fear. We explain what “insolvency” really means, why the long-term funding gap may be much larger than most people realize, what Congress could do to fix it, and—most importantly—what today’s headlines should (and shouldn’t) mean for your own retirement decisions.

Links:

• Maximizemysocialsecurity.com
• Maxifi.com
• Economics Matters by Laurence Kotlikoff (Substack)
• Get What's Yours: The Secrets to Maxing Out Your Social Security (Larry Kotlikoff)
• Social Security Horror Stories: Protect Yourself from the System — and Avoid Clawbacks (Larry Kotlikoff and Terry Savage)
• Social Security Insolvency (Terry Savage)
• How to work in retirement without seeing your Social Security checks slashed (Richard Eisenberg)
• Social Security: Make smarter decisions to maximize your lifetime benefits (Wealthramp)
• A Summary of the 2026 Annual Reports

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