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.
Social Security is projected to be depleted in about 12 years, so what does that mean for you?
About the Author
Matt Frankel, CFP, is a contributing Motley Fool stock market analyst and personal finance expert covering financial stocks, REITs, SPACs, and personal finance. 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, The National Desk, and other TV networks and publications for his financial, stock market, and investing expertise.