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Cate
Looking for some thoughts on retirement accounts and social security. Looks like project 2025 fallout (maybe long term, maybe short term. This has already happened in countries that l,of recent years, have gone through the same type of political change as we’re seeing right now).
will look to repurpose everyone’s retirement accounts into social security, as a way to fund it.
What will you do to protect your retirement assets if it does happen?
DerikProject 2025 has nothing to do with this administration. This whole post is false and not based in fact. Nothing is happening to social security, but none of us should be worried because were making plans outside of relying on social security right?
Stop with the bs scare tactics. Give the new administration time to get better policies in place and get the economy back on track.
Bidens policies have us headed into a brick wall, itll take a bit to recoup but itll be like ripping off a bandaid.
You cant possibly be financially literate and think our countries economy was headed in the right direction. Chill the hell out.
StaceyI’m currently moving my money out of the states while the dollar is high. I’ll be buying property overseas.
GwynNot true. Our retirement accounts will be just fine under the new admin. Probably not so if the current one continued.
BethanyProject 2025 is being rebranded as “America First”
It is going to be a rough few years.DanéI don’t care for trump or Biden but are you sure that trump is the one behind project 2025? Like are there full facts saying this?
Or else this is just gonna scare people.
MattIf I were you I’d sell sell sell. Then I can buy buy buy every week like I do now and will until I expire!
JoeAsk any knowledgeable professional financial advisor. The market is presidential administration agnostic. Facts.
TamaraThough Project 2025 may sound crazy, the scary parts of the book are unfolding before our eyes. It’s like Jumanji!
I didn’t bother reading any of it, but we are in real life talking about dismantling the Department of Education.
We are hearing more rhetoric from politicians about “gender affirming” care or “se*ual mutilation” of minors, we’ve already given abortion rights back to the states (or taken away federal rights) which is a step closer to “restoring the nuclear family.”
He may have never read it, but didn’t the people in his corner actually write it and doesn’t it represent many of the values and the bills we see them pushing?
I picture him blindly following the blueprint.
AndreaPrivate retirement accounts have nothing to do with SS and nobody can just take your money.
The more likely scenario, and what’s been proposed by Republicans forever, is that they will try to privatize SS and make people put that FICA money in investment accounts that investment managers can make money from.
It’s always about grift.
LukeI have a solution for you: Unsubscribe from every mainstream news outlet and chill out. All they do is peddle misinformation and manipulate you emotionally.
In fact, when you are lead to having a fear, write it down.
Then come back to that list in a year, two years, three years, and five years, and check off whether it was merited or not.
Be specific, so you can’t move the goalpost later.
I guarantee you, if you do that, you’ll stop believing anything that you hear on the major news outlets.
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