Is Social Security really running out of money? If you've seen alarming headlines about the Social Security trust fund being depleted by 2032, you're not alone—and you're probably wondering what it means for your retirement.

In this episode, I sit down with Josh to separate fact from fear. We break down what the trust fund actually is, why Social Security isn't simply "going broke," what could happen if Congress doesn't act, and why making decisions based on scary headlines could cost you thousands of dollars over the course of your retirement.

We also talk about why Social Security planning can be especially important for LGBTQ+ individuals and couples, who may face unique retirement planning considerations involving survivor benefits, chosen family, caregiving, and lifetime income.

If you've ever wondered whether you should claim benefits early because you're afraid Social Security won't be there, this episode is for you.

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Take Pride in Retirement is proud to be named one of the top Pride podcasts on the internet by FeedSpot. For more, go to https://blog.feedspot.com/pride_podcasts

About Take Pride in Retirement:
Take Pride in Retirement is a podcast dedicated to retirement planning solutions for the LGBTQ community. Host Matt McClure, a licensed fiduciary financial advisor, shares strategies to protect your hard-earned money while pursuing market-like growth.

Matt holds the RSSA® credential as a Registered Social Security Analyst®, helping clients optimize their Social Security filing strategies to potentially increase lifetime income. He’s also a Certified Annuity Specialist® (CAS®), a designation earned through a 135+ hour graduate-level program in fixed-rate and variable annuities from the Institute of Business & Finance.

Based in Georgia with his husband and two dogs, Matt spent over a decade in New York City, working with The Wall Street Journal Radio Network, NY1, and WCBS Newsradio 880. A career highlight includes reporting from the floor of the New York Stock Exchange.