"I’m going to make a prediction and that is that minimum age for when you can take Social Security is going to move up two to three years."
"With fewer workers supporting each retiree and a 2025 COLA increase of just 2.5% falling below inflation, demographic changes are undermining the present system."
"Those in their late 50s and 60s should give saving first priority, using 401(k) plans with company matching, then investigate options including Roth IRAs and zero-coupon bonds."
"The number of years you have social security may drop because you die a lot earlier than some people would hope for, so preparation is crucial."
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