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Will Social Security Be Around When I Retire?

Social Security is projected to be depleted in about 12 years, so what does that mean for you?

By Matt Frankel, CFP and Travis Hoium – Nov 8, 2022 at 6:21AM EST

Social Security is projected to run deficits for the foreseeable future, eventually running out of reserves altogether. In this video, Fool.com contributor Matt Frankel, CFP, talks with colleague Travis Hoium to set the record straight and explain where Social Security is heading.

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About the Author

Matt Frankel, CFP
Matt Frankel, CFP, is a contributing Motley Fool stock market analyst specializing in the real estate and financial sectors. Prior to The Motley Fool, Matt taught high school and college mathematics. He holds a bachelor’s degree in physics from the University of South Carolina, a master’s degree in mathematics from Nova Southeastern University, and a graduate certificate in financial planning from Florida State University. He won a SABEW award for coverage of the 2017 Tax Cuts and Jobs Act. He is also regularly interviewed by Cheddar, Globe St, The National Desk, and other TV networks and publications for his real estate, financial, stock market, and investing expertise.
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The Motley Fool has a disclosure policy. Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool. 

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