Since late last year, Social Security has been the worry of many economists and Americans, federal employees included. Social Security is running out of money and the benefits are in danger of being reduced if changes aren't made. Thiago Glieger discusses how retired feds and active federal employees planning their retirements should factor this in this benefit reduction. It could be reduced significantly, they could push back the retirement ages, or a combination of factors. Thiago shows an example in real time using financial planning software for you to see the impact this could have on a retirement. Plus he covers some solutions being discussed as well as considerations for when to file for your Social Security benefit.


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0:00 Running out of money
0:49 Academy of Actuaries
1:16 Illustration of changes
2:23 Modeling showing impact in real time
4:43 Monte Carlo Analysis
5:08 How to plan around it
6:10 Taking Social Security Early (MRA)
7:03 Increase of Social Security Ages
7:22 What it means to federal employees

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