I’m also posting to offer some perspective on Social Security. I do not trust the current administration has the average citizen’s interest at heart as they seek to pit us against one another.
Here’s a good analysis from 2022:
www.pgpf.org/article/the-ratio-of-workers-to-social-security-beneficiaries-is-at-a-low-and-projected-to-decline-further/
This article describes the problem, explains why it’s manageable, and ends with reasonable solutions. There is no need to panic and do something risky like privatize or gamble in stocks.
And here’s a recent opinion from a respected conservative source that points to inefficiencies in programs legislatively piggybacked onto Social Security:
www.aei.org/economics/the-social-security-system-is-well-run-mostly/