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.
