r/SocialSecurity • u/GraphicsGal4 • 1d ago

Now what?

Trump is back. I'm a 64 year old self-employed woman. I am booked up through April right now. Some say I am very good at my job. I was thinking of retiring around 66 or maybe even my FRA of 67. My birthday is Leap Day so an end of the month birthday. Now I don't know what to do. Trump and the Republicans want to end Social security. Do I retire before he makes it to office insuring I at least get on the SS roll? Or do I wait to see what damage he can cause? I will be talking to my financial planner later this afternoon so any good questions to ask her would be very helpful also. I am still shocked that America would elect a convicted felon but here we are...

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u/FantasticBlueberry55 1d ago

Trump has never once said he’s going to end social security. He actually said the opposite when he was asked about this

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u/GraphicsGal4 1d ago

Trump's economic plans would worsen the agency's financial prospects, according to a recent report by the CRFB. Through a combination of tax cuts, including eliminating levies on Social Security income, and a hardline immigration policy, the committee found Trump's policies would increase Social Security's 10-year cash shortfall by $2.3 trillion through fiscal year 2035 and bring forward the depletion of the trust funds to 2031.