You’re 50 Now. By 59, Social Security Could Be Slashed by 23%

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The latest report from the Social Security Board of Trustees warns that the trust fund supporting retirement benefits could be depleted by 2033, TheStreet reports. That’s just eight years away. While the timeline hasn’t changed from last year’s prediction, troubling new details make planning your financial future more urgent than ever. According to the June 18 annual report from the Trustees…

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