Social Security Archives - Millstone Financial Group

Examining the Future of Social Security, Medicare, and Your Taxes

Examining the Future of Social Security, Medicare, and Your Taxes Millstone Financial

The Social Security trust fund is now expected to be depleted by 2034, according to a recent report from the Social Security and Medicare trustees.[1] That’s one year earlier than they reported last year, […]

2021-09-20T12:38:17+00:00September 20th, 2021|Medicare, Social Security, Taxes and Tax Planning|

How Will Social Security Respond to Higher Inflation?

Inflation is on the rise, and Federal Reserve Chairman Jerome Powell recently testified to Congress regarding the Federal Reserve’s commitment to controlling inflation. He admitted that inflation is “well above target” but didn’t indicate any major changes in Fed policy in the near future.[1] Retirees […]

2021-08-02T04:03:10+00:00August 2nd, 2021|Economy, Social Security|

Where Could Your Retirement Income Come From?

You’re used to receiving a paycheck, and perhaps you’ve been used to it steadily increasing over the course of your career. You may have experienced what’s known as “lifestyle inflation” and may not plan to downgrade in retirement. Whatever the case, it’s important to know where your […]

2021-07-26T01:08:05+00:00July 26th, 2021|Retirement Income, Social Security|
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