Social Security will be “bankrupt” in 7 years.

Social Security will be “bankrupt” in 7 years. At which point the options are: – Cut grandma’s check– Hike everybody’s taxes– Raise retirement to 75 Or what they will do: Borrow another trillion per year. pic.twitter.com/b8t3SSfK8c — Peter St Onge, …

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Meme stock frenzy grips Gen Z with 62% seeking financial advice on social media instead of advisors

62% of Gen Z now use social media as a primary source for financial advice over traditional financial advisors. https://www.pymnts.com/consumer-finance/2024/79percent-of-millennials-and-gen-z-turn-to-social-media-for-financial-advice/ “Platforms like TikTok have become central to this shift, capturing the attention of 62% of Generation Z, who now view …

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Real pay drops for 43%, inflation erases wage growth. Social Security checks to shrink $18,100 by 2033. Ground beef hits all-time high at $6.12 per pound

Prices climbed faster than paychecks again this quarter. Beef just broke $6.12. Social Security faces a mandatory 24% slash starting January 2033. And 40% of U.S. workers now earn less than the inflation-adjusted cost of living. Indeed’s real-pay tracker posted …

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