Okay, before we get started today, it feels important to state up front that a lot of what we're

going to talk about in this episode might seem counterintuitive in contrast with the general tenor of

financial reporting because the state of retirement in general in the US is by some experts' estimations in a state of crisis.

That said, the audience of a show like this one,

the 150,000 of you who listen every month,

hashtag tell your friends, share the show, baby.

Y'all are people who probably are saving for retirement.

If you know about financial independence

and you are actively calculating and working toward it as a goal, you are already

meaningfully ahead of the pack. And that is the intended recipient of this message.

So while I wouldn't play this episode, probably of this

episode probably for your average American with a 4% savings rate and go yeah hey you're saving too much

stop worrying I know that many of you are saving and you might have been doing

so for a long time or are intentionally working on saving more or at the very least you're taking pains to improve your situation in some other way.

So even if you are in a season of your life right now where it isn't yet feasible to save money,

I know that you will be soon. So that Disclammer out of the way, welcome back to the money with Katie's show, my

rich people, rich people nation.

As always, I'm your host, Katie Gaddyan, and today we're talking about why you might be saving

too much for retirement. How much? Probably, to the tune of like 30 percent, but we're getting ahead of ourselves.

The pyramid-shaped elephant in the room is.

The pyramid-shaped elephant in the room is none other than Social Security.

So we'll also be discussing the state of that government program and whether or not the fear-mongering that claims it's going to run out is legitimate and how it applies to your future.

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