Tag: Retirement Education

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What Is the Future of Social Security? (Ep. 97)

What Is the Future of Social Security? (Ep. 97)

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Many women approaching retirement worry that Social Security may not be there when they need it most. That uncertainty can make retirement planning feel overwhelming.

But what do the numbers actually say?

In this episode, I break down the real projections behind Social Security and what they mean for women approaching retirement. I explain why benefits are not expected to disappear, how potential reductions could work, and how to plan conservatively without making decisions based on fear. Most importantly, I walk through how Social Security fits into the broader retirement income puzzle.

Key Points:

  • Why Social Security is projected to continue paying benefits even if the trust fund faces depletion
  • What the projected 81% funding level actually means for future benefits
  • Why Social Security remains a foundational piece of retirement income for many women
  • How to stress test your retirement plan with a possible 20% benefit reduction
  • How Social Security should fit into your broader retirement income strategy
  • And more!

Resources:

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I Have Inherited an IRA—Now What? 5 Steps to Avoid Costly Mistakes (Ep. 52)

I Have Inherited an IRA—Now What? 5 Steps to Avoid Costly Mistakes (Ep. 52)

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Inheriting an IRA can feel like stepping into a financial minefield — but with the right guidance, you can avoid costly mistakes and make the most of your legacy.

How do you know which rules apply? What if you miss a critical tax deadline? What should you do first?

In this episode, I break down the five essential steps every woman should take after inheriting an IRA. I explain how the Secure Act changed the rules, when required distributions apply, and how to think about taxes and investment strategy.

Topics covered:

  • How to determine if you’re a spousal or non-spousal beneficiary
  • The importance of knowing your IRA type: Traditional vs. Roth
  • Required distributions and understanding the fine print of the 10-year rule
  • Tailoring investment strategies to your individual needs post-inheritance
  • Tips for tax-efficient distribution strategies, including qualified charitable distributions
  • And more!

Resources:

Connect with Eric Blake: 

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