What If Social Security is Cut? Here's What it Means for Your Retirement

Many middle-aged adults nearing retirement face anxiety over uncontrollable factors like Social Security cuts, lower investment returns, and increasing tax rates. Ari and James discuss how fear of these uncertainties can cause “analysis paralysis,” leading some to delay retirement unnecessarily. Instead of fixating on what cannot be controlled—like Congress or market behavior—they recommend proactive financial planning and modeling worst-case scenarios. For example, if Social Security were cut by 50%, retirees could rely on portfolio withdrawals or adjust spending. They emphasize flexible strategies, such as delaying benefits, working part-time, or reducing expenses to balance income needs. Ultimately, successful retirement planning isn’t just about math; it’s about aligning decisions with personal values, like family time and health. Planning should account for changing lifestyles across retirement phases. By running realistic scenarios, individuals can gain confidence, avoid rash decisions, and retire on their terms while ensuring financial stability, even amidst uncertainty. Submit your request to join James: On the Ready For Retirement podcast: Apply Here On a Retirement Makeover episode: Apply Here Timestamps: 0:00 - Wayne's comment about SS 2:23 - Focus on what you can control 5:25 - An example 9:04 - Another example 11:55 - Multiple options 15:10 - Common mistakes 18:38 - Other considerations 21:25 - Don't cheat yourself Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!