Last week tgif2minutes.com explored a basic statement directly from Social Security’s SSA.gov summarizing that taxes will mostly likely need to go UP TODAY to afford Social Security in the mid 2030’s and for future generations – which is only 15 years away.
This week’s edition will present several possible changes that could take place along the path to higher taxes in order to preserve the Social Security that American workers pay into dearly and expect to receive someday.
Excerpts from the February 2018 Archives of TGIF 2 Minutes…
“Let the good times roll.” I am partial to this expression because my Dad used to say it a lot either as a toast or statement when things were going well. Looking overall at the last few years’ markets, current economy and lives and businesses of clients, the expression definitely applies.
But of course, there will always be something to worry about. Always.
How long will these positive markets last?
Will my portfolio continue to gain in value? How can I best preserve all this wealth I have created?
How long will these economic and business conditions continue to contribute to my personal and business success?
Will the risks I have taken in the past few years (that have paid off) continue to yield positive results?