KWM - Will Social Security Run Dry? May 23rd, 2024

The State of Social Security – By First Trust

Frist Trust released a piece last week on the state of Social Security. The program initially provided income to retired workers age 65 or older, but there have been some changes since it was enacted in 1935. As a financial planner, social security is a major part of the planning process. It’s best to plan without it, and if the program is still around, your retirement will only be that much sweeter. Below you can review some of the concerns about the current state of the program and why another round of changes may be needed.

Economic Release – New Home Sales

New Homes Sales were weaker than expected for April, however the median price of new homes continued to increase.

S&P 500 Returns in US Presidential Election Cycles – By Brighthouse Financial

Here is an interesting piece about the Presidential Election Cycle. You’ll find that the election year and following year have on average been positive years for the stock market.

ANDREW M. B. KRITIKOS, CFP^®

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