Earn Your Leisure

Welcome back to another clip of Market Mondays. In this clip, we address a topic that has significant implications for millions of Americans— the potential insolvency of Social Security and Medicare. Bloomberg projects that Social Security will run out of money to pay full benefits by 2033 and Medicare by 2036. So, what does this mean for you, and what can we do about it? Let's dive in.*Key Discussion Points:**1. The Reality of Social Security and Medicare:*Ian Dunlap kicks off the conversation by shedding light on the dwindling funds. According to him, we've already been witnessing signs of this impending crisis, such as the financial troubles in Chicago. Troy Millings adds how our generation, born in the '80s, has always been warned of this, and now we see those predictions coming to fruition.*2. Self-Reliance in Financial Planning:*Ian emphasizes the importance of taking control of your own financial future due to the uncertainly surrounding these government programs. From investing in stocks t