![Podcast034 Podcast034](https://cashflowninja.com/wp-content/uploads/2016/07/Podcast034.jpg)
In this episode, we look at Social Security and other social programs such as Medicare and Medicaid. This episode is designed to be a wake-up call for anyone that is depending on Social Security and other social programs. I am ringing the alarm for anyone willing to listen!
Social Security, Medicare and Medicaid and other social programs are by their own financial reports bankrupt. – I am not saying this, the government is telling you that. The projection also is that the entire social security program will be done in 2034. In the words of the report, it states that the OASI Trust Fund, which is the only primary trust fund still solvent, will, in turn, quote “become depleted and unable to pay scheduled benefits in full on a timely basis in 2034.”
We have enormous government debt, unfunded entitlements and social programs and 76 million aging baby boomers retiring over the next 18 years and claiming social security and social program benefits that will put even more stress on these programs.
If you are under 47 years old, this episode is a MUST listen. I discuss the crisis ahead and possible scenarios of how this crisis will be handled by the government.
Recommended Resources:
Status Of The Social Security And Medicare Programs, report by the Social Security Administration
New legislation proposes to “bail in” Social Security
“One Social Security Act”, HR 3150
Subscribe To Our Weekly Newsletter:
The Wealth Dojo: https://subscribe.wealthdojo.
Download all the Niches Trilogy Books:
The 21 Best Cashflow Niches
Digital: https://www.cashflowninjaprograms.com/the-21-best-cashflow-niches-book
Audio: https://podcasters.spotify.com/pod/show/21-best-cashflow-niches
The 21 Most Unique Cashflow Niches
Digital: https://www.cashflowninjaprograms.com/the-21-most-unique-cashflow-niches
Audio: https://podcasters.spotify.com/pod/show/21-most-unique-niches
The 21 Best Cash Growth Niches
Digital: https://www.cashflowninjaprograms.com/the-21-best-cash-growth-niches
Audio: https://podcasters.spotify.com/pod/show/21-cash-growth-niches
Listen To Cashflow Ninja Podcasts:
Cashflow Ninja
https://podcasters.spotify.com/pod/show/cashflowninja
Cashflow Investing Secrets
https://podcasters.spotify.com/pod/show/cashflowinvestingsecrets
Cashflow Ninja Banking
https://podcasters.spotify.com/pod/show/cashflow-ninja-banking
Connect With Us:
Website: http://cashflowninja.com
Podcast: http://resetinvestingsecrets.com
Podcast: http://cashflowinvestingsecrets.com
Podcast: http://cashflowninjabanking.com
Substack: https://mclaubscher.substack.com/
Amazon Audible: https://a.co/d/1xfM1Vx
Amazon Audible: https://a.co/d/aGzudX0
Facebook: https://www.facebook.com/cashflowninja/
Twitter: https://twitter.com/mclaubscher
Instagram: https://www.instagram.com/thecashflowninja/
TikTok: https://www.tiktok.com/@cashflowninja
Linkedin: https://www.linkedin.com/in/mclaubscher/
Gab: https://gab.com/cashflowninja
Youtube: http://www.youtube.com/c/Cashflowninja
Rumble: https://rumble.com/c/c-329875
Share This
Related
![Chris Rawley Shares How To Invest In Livestock Chris Rawley Shares How To Invest In Livestock](https://cashflowninja.com/wp-content/uploads/2024/07/Chris-Rawley-Shares-How-To-Invest-In-Livestock.jpg)
840: Chris Rawley: How To Invest In Livestock
My guest in this episode is Chris Rawley. Chris is a retired Navy Reserve Captain, founded Harvest Returns in 2016 to democratize agricultural investments. During his 30-year military career, Rawley served in leadership roles across naval, expeditionary, and joint special operations units, deploying to regions such as Afghanistan, Iraq, Africa, the Middle East, and the…
![Louis O'Connor The Exciting Trends For Rare Earth Metals Right Now Louis O'Connor The Exciting Trends For Rare Earth Metals Right Now](https://cashflowninja.com/wp-content/uploads/2024/07/Louis-OConnor-The-Exciting-Trends-For-Rare-Earth-Metals-Right-Now.jpg)
839: Louis O’Connor: The Exciting Trends For Rare Earth Metals Right Now
My guest in this episode is Louis O’ Connor. Louis is the Founder, and Principal of Strategic Metals Invest. We are the only industry supplier in the world to offer private investors the option to purchase and profit from owning Strategic Metals. The investment play is exactly the same paradigm as investing in Precious Metals,…
![Michael Cobb Shares How to Buy Your Home Overseas And Get It Right The First Time Michael Cobb Shares How to Buy Your Home Overseas And Get It Right The First Time](https://cashflowninja.com/wp-content/uploads/2024/07/Michael-Cobb-Shares-How-to-Buy-Your-Home-Overseas-And-Get-It-Right-The-First-Time.jpg)
838: Michael Cobb: How To Buy Your Home Overseas And Get It Right The First Time
Our guest today is Mike Cobb, co-founder & CEO of ECI Development and President of Gran Pacifica. Named among the “100 Outstanding CEOs in Central America” by Mercados & Tendencias, Mike left a successful career in the computer industry to pursue opportunities in the emerging real estate markets of Central America. In 1996, he co-founded…