WTF is Social Security?
Money Rehab with Nicole Lapin
Money News Network
4.6 • 1.7K Ratings
🗓️ 18 January 2022
⏱️ 10 minutes
🧾️ Download transcript
Summary
Transcript
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| 0:00.0 | Hey guys, are you ready for some money rehab? |
| 0:05.1 | Wall Street has been completely upended by an unlikely player. Game stop. |
| 0:09.8 | Ian and should I have a 401k because I don't do it? |
| 0:12.6 | No, I know. |
| 0:15.2 | I think the whole world will revolve around you on your money. |
| 0:17.6 | What a dumb shit. |
| 0:19.6 | Charge for wasting our time. |
| 0:23.8 | I will take a check. |
| 0:24.8 | I don't want to get pulled. |
| 0:26.8 | You recognize her from entering on CNN, CNBC and Bloomberg. |
| 0:31.2 | The only financial expert you don't need a dictionary to understand. |
| 0:35.4 | The cold lap in. |
| 0:37.4 | If you're American or work in America, you have a social security number. |
| 0:41.8 | If you do have an SSN, you probably haven't memorized. |
| 0:46.8 | And you probably know that the number has something to do with the social security checks |
| 0:51.8 | that you'll receive in retirement. |
| 0:53.8 | But do you know how you'll get those checks or how much money those checks will be worth? |
| 0:59.8 | Here's Marley with today's question. |
| 1:03.8 | Hey, Nicole, I've been paying special attention to your episodes on retirement. |
| 1:06.8 | When you mentioned different accounts to fund retirement, I haven't heard you mention anything about social security. |
| 1:10.8 | How can I know how much I'll get from social security in retirement and whether it'll be enough for me to live on? |
| 1:15.8 | Thank you so much for sending in this question, Marley. |
... |
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