Social Security Is In Trouble! Act Now To Preserve Your Retirement Income

Oct. 30, 2021 9:00 AM ETIEF, O, VCLT, VGSIX, VGSLX, VGSNX, VLCIX, VLTCX, VNQ251 Comments

Summary

  • Social Security is set to run a massive deficit over the coming decade and finally deplete all of its reserves by 2034.
  • There are no painless solutions to this problem. Someone will need to pay in form of higher taxes and/or lower benefits.
  • You absolutely need to have a strategy to generate income in retirement. We recommend buying discounted REITs as they will not only provide income but also produce attractive total returns.
  • Looking for a portfolio of ideas like this one? Members of High Yield Landlord get exclusive access to our model portfolio. Learn More »

Social security trust fund issues after market crash with laptop

BackyardProduction/iStock via Getty Images

Co-authored by Austin Rogers

Social Security is in trouble. Millions of Americans rely heavily on the regular benefits payments from Social Security to pay their bills and fund their lifestyles in retirement. It is the largest source of

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This article was written by

Jussi Askola, CFA profile picture
66.26K Followers

Jussi Askola is the President of Leonberg Capital, a value-oriented investment boutique that consults hedge funds, family offices, and private equity firms on REIT investing. He has authored award-winning academic papers on REIT investing, has passed all three CFA exams, and has built relationships with many top REIT executives.

He is the leader of the investing group High Yield Landlord, where he shares his real-money REIT portfolio and transactions in real-time. Features of the group include: three portfolios (core, retirement, international), buy/sell alerts, and a chat room with direct access to Jussi and his team of analysts to ask questions. Learn more.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of O either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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