Welcome to the Retire with Purpose podcast, a show specifically designed to help pre-retirees and retirees maximize their financial confidence.

Casey Wheat is a certified financial planner and president of Howard Bailey Financial.

His newest book, Job Optional, is a Wall Street

Journal bestseller and is available now on Amazon and at Retirewithpurpose.com. He's your host on

Retire with Purpose. Hey, I'm Casey, and I believe in retirement strategies that are driven by

meaning and purpose. Join me this week and every week as we discuss thoughts and ideas

with some of today's foremost experts in the field of finance and retirement, as well as

discussing trending topics that could impact your bottom line. These discussions can help you

make better financial decisions so you can live the lifestyle you've always imagined and deserved.

Welcome to the show.

Hello there, guys and gals. This is your host, Casey Weed. Joining me is my good friend and co-host for these special Friday editions of the podcast.

We've got Marshall Johnson here with us.

Hey, hey. And this is where we dive into one of our weekly weekend reading for retirees articles.

So what is weekend reading? If you don't already know, which you probably already do. But if you don't,

you can visit retirethpurpose.com, check it out. First name and email, get you signed up to receive four articles from us

every single Friday on trending topics in the retirement planning space to help you make better

decisions about your retirement. Go out, check it out. And this week, we're going to be hitting

on Social Security. And this is an article that came from USA Today. It is titled, How to Plan for a Smaller Social Security Check.

And I chose this article to spotlight for a few reasons. We haven't really discussed social security in a while.

But I think this is kind of a different spin. A way of thinking about social security planning that you maybe haven't thought about yet.

And it's something that we have a conversation with every single family that comes in to talk to us about. They all want to know, well, is social security going to be there? What do you think, Casey? What do you think, Marshall? Is social security still going to be around in the future? Should I even plan on it? Should I just write it off? How are we going to prepare for this? Yeah. Beyond that, it's kind of like everybody's got their own opinion, too. And so you may have a really firm bias. I don't think it's going to be there or my wife. You know, she doesn't even think we should plan for it in our retirement planning. So everybody's got beliefs, but everybody's got questions. Yeah. Well, it's more on the top of minds of those individuals that are close to filing or already on social security. It seems like most of the millennials or Gen Xers, you know, younger individuals I talk to today, they're just planning on it not being there at all, which I think is always the best strategy. But there's a lot of retirees today that don't have that luxury, right? It is going to be a very significant portion of the retirement income. So they need to understand what are the risks with this cut. How do we plan for this future cut? If you've been checking those social security statements, see the millennials never get them, right? Millennials don't even see them. They don't even know what it is. Where do I go to see my social security benefit, right? We don't get those statements anymore, but those

closer are still checking those numbers. And you've probably noticed on your statement, it's saying,

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