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The Powerful Income Stream That Millennials Ignore 

Jay Fairbrother
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Millennials and young investors often forget about a stream of income that will allow them to save tens of thousands of dollars less than they think for retirement. The best part is...it requires NO extra work to earn it. It's Social Security, and here's why it's still in the picture for every millennial investor.
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22 дек 2023

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Комментарии : 17   
@JayFairbrother
@JayFairbrother 6 месяцев назад
Calculate how much you'll receive here: www.ssa.gov/OACT/quickcalc/
@GregK235
@GregK235 6 месяцев назад
Thanks for an informative and thought provoking presentation. The takeaway is to not rely solely on social security or a national pension plan for retirement, but to have it augment one's own "my pension" portfolio. Happy holidays to everyone!
@TheAndrewLopezFinancePodcast
@TheAndrewLopezFinancePodcast 6 месяцев назад
Yea like you were saying towards the beginning, I’m not even counting a single penny from social security. While I don’t think it will be eliminated, due to being a “very old” Gen Z-er I have no idea what the payouts will look like in 35+ years. So really SS is like the cherry and sprinkles on top at best in my personal retirement plan
@JayFairbrother
@JayFairbrother 6 месяцев назад
I treat it the same way, but it’s likely it’ll still be more significant than we thing
@marthadonovan1643
@marthadonovan1643 6 месяцев назад
Here’s hoping
@argent48
@argent48 6 месяцев назад
Nice to see you doing videos again Jay.
@JayFairbrother
@JayFairbrother 6 месяцев назад
Thanks, I appreciate that
@kenjohnson1594
@kenjohnson1594 6 месяцев назад
Happy holidays Jay. Great video to end the year and a goal to shoot for.👍🏾
@thomaschew2191
@thomaschew2191 6 месяцев назад
I agree that SS will be there in some sort of configuration, there are a lot of retired people today that have no income outside of SS, hard to believe but true. But to the subject of this video SS will exist past 2034 in some fashion but it has never been and will never be a "retirement" plan it is just supplemental income and should be treated that way for planning purposes.
@JayFairbrother
@JayFairbrother 6 месяцев назад
Agreed, I wouldn't be any less aggressive in my current retirement savings strategy because im counting on SS. But as I said in the video, I think pretending it won't be around and wont be a factor in your retirement income is also a big mistake
@KenjiEspresso
@KenjiEspresso 6 месяцев назад
No one will retire because we will all be diabetic by late 40’s 😂
@JayFairbrother
@JayFairbrother 6 месяцев назад
That’s why they have Ozempic now! 😂
@michaeldoe4805
@michaeldoe4805 6 месяцев назад
Hopefully the covid boosters will help social security stay float in 30 years😅
@RM-nm3xn
@RM-nm3xn 6 месяцев назад
You are pushing a social security video for millennials ... right now? Why? The laws are unlikely to be the same when they get ready to retire. Wouldn't a video about how Jay Powell's December 2023 pivot affects dividends be more appropriate?
@JayFairbrother
@JayFairbrother 6 месяцев назад
Sorry, next time I’ll consult you on my video topic choices
@RM-nm3xn
@RM-nm3xn 6 месяцев назад
A'it bro, it was intended as constructive feedback only, no snark intended. You be you. @@JayFairbrother
@Baumender
@Baumender 6 месяцев назад
Social Security is a Scam I want my money Back!!!!!
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