Jaspreet Singh
đ€ PersonAppearances Over Time
Podcast Appearances
Wenn du in deinen 50ern, 40ern, 30ern, 20ern, Teenern bist, kannst du sehen, dass es dieses Problem gibt, das passiert. Wie können wir das heute vermeiden? Weil ich weiĂ nicht, was die Lösung fĂŒr diese Retirementkrise ist. Ich habe keine Lösung fĂŒr das.
Wenn du in deinen 50ern, 40ern, 30ern, 20ern, Teenern bist, kannst du sehen, dass es dieses Problem gibt, das passiert. Wie können wir das heute vermeiden? Weil ich weiĂ nicht, was die Lösung fĂŒr diese Retirementkrise ist. Ich habe keine Lösung fĂŒr das.
Laut USA Today brauchen wir etwa 1,8 Millionen Dollar, um sich in Ordnung zu machen. Wow. Und der Grund, warum, ist, dass wir jedes Jahr Inflation haben. So, if you live off of $50,000 this year, you're going to need maybe $52,000, $53,000, $54,000 next year, more the year after that, more the year after that. And $50,000 doesn't buy you what it did 30 years ago.
Laut USA Today brauchen wir etwa 1,8 Millionen Dollar, um sich in Ordnung zu machen. Wow. Und der Grund, warum, ist, dass wir jedes Jahr Inflation haben. So, if you live off of $50,000 this year, you're going to need maybe $52,000, $53,000, $54,000 next year, more the year after that, more the year after that. And $50,000 doesn't buy you what it did 30 years ago.
And so now when we take a look at all these issues happening, the question is, what do you do today to prevent these issues in the future? Und in den Vereinigten Staaten gibt es das, was wir Social Security nennen. Das ist eine Regierungsbewertung, die man bekommt, wenn man vertreten ist. The first problem is Social Security. Because Social Security is drying up. This is a fact.
And so now when we take a look at all these issues happening, the question is, what do you do today to prevent these issues in the future? Und in den Vereinigten Staaten gibt es das, was wir Social Security nennen. Das ist eine Regierungsbewertung, die man bekommt, wenn man vertreten ist. The first problem is Social Security. Because Social Security is drying up. This is a fact.
That if you read the headlines, they'll say Social Security is going to be dry by 2034. If nothing changes. The problem is, people are paying money in, but the government is paying out more than what's going in. So from any business perspective, if you have more cash outflows and cash inflows, you have a problem. And the reason for that is, well, number one, the math was wrong.
That if you read the headlines, they'll say Social Security is going to be dry by 2034. If nothing changes. The problem is, people are paying money in, but the government is paying out more than what's going in. So from any business perspective, if you have more cash outflows and cash inflows, you have a problem. And the reason for that is, well, number one, the math was wrong.
And number two, people are living longer. So when the government keeps paying your social security check longer and longer and longer because people are living longer, life expectancy is getting higher, that means they have to keep paying. That's not good for the government.
And number two, people are living longer. So when the government keeps paying your social security check longer and longer and longer because people are living longer, life expectancy is getting higher, that means they have to keep paying. That's not good for the government.
Now, on the plane ride here to LA, I sat next to somebody who was telling me, I didn't verify this, but he told me that the government knew that this was going to be a problem from the get-go, because he told me that the first recipient of the Social Security program lived to 100. I don't know if that's true or not, but you can Google that to see. But that's the problem right now.
Now, on the plane ride here to LA, I sat next to somebody who was telling me, I didn't verify this, but he told me that the government knew that this was going to be a problem from the get-go, because he told me that the first recipient of the Social Security program lived to 100. I don't know if that's true or not, but you can Google that to see. But that's the problem right now.
Social Security is running out of money. And this is where everyone says, Social Security is going to run dry, you're never going to get a Social Security check. That's not true either. Die Grund, warum ich das sage, ist, weil die Regierung es nicht verletzen wird. Sie werden entweder deine Steuern erhöhen, oder sie werden das Geld einfach impfen.
Social Security is running out of money. And this is where everyone says, Social Security is going to run dry, you're never going to get a Social Security check. That's not true either. Die Grund, warum ich das sage, ist, weil die Regierung es nicht verletzen wird. Sie werden entweder deine Steuern erhöhen, oder sie werden das Geld einfach impfen.
Aber das Problem damit ist, dass du niemals komfortabel aus der Social Security leben wirst. Das war nie die Intention. Aber viele Leute schauen es an, als ob sie sich komfortabel aus dieser Regierungsbemessung leben können. Aber hier ist das Problem. Schauen wir uns das heute an. Zwischen 2024 und 2025 Social Security Recipients are going to receive a 2.5% raise for inflation.
Aber das Problem damit ist, dass du niemals komfortabel aus der Social Security leben wirst. Das war nie die Intention. Aber viele Leute schauen es an, als ob sie sich komfortabel aus dieser Regierungsbemessung leben können. Aber hier ist das Problem. Schauen wir uns das heute an. Zwischen 2024 und 2025 Social Security Recipients are going to receive a 2.5% raise for inflation.
What they're saying is we have this inflation in 2024. And because of this inflation in 2024, you're going to get a 2.5% raise. There's two problems with that. Number one, that raise is not enough. Things are getting a lot more expensive. Even though the rate of inflation is falling, I mean, a 2.5% raise is not going to keep up with the real cost of living growth that most people feel.
What they're saying is we have this inflation in 2024. And because of this inflation in 2024, you're going to get a 2.5% raise. There's two problems with that. Number one, that raise is not enough. Things are getting a lot more expensive. Even though the rate of inflation is falling, I mean, a 2.5% raise is not going to keep up with the real cost of living growth that most people feel.
Das zweite Problem ist, dass es eine verlangte Ausgabe ist. Die Regierung gibt dir eine Ausgabe im Jahr 2025, basierend auf der Inflation, die du im Jahr 2024 hattest. Also hatten wir bereits diese PreisgröĂe. Und dann kriegst du die Ausgabe nĂ€chstes Jahr. Und schau dir das an, wir werden mehr Inflation im Jahr 2025 haben.
Das zweite Problem ist, dass es eine verlangte Ausgabe ist. Die Regierung gibt dir eine Ausgabe im Jahr 2025, basierend auf der Inflation, die du im Jahr 2024 hattest. Also hatten wir bereits diese PreisgröĂe. Und dann kriegst du die Ausgabe nĂ€chstes Jahr. Und schau dir das an, wir werden mehr Inflation im Jahr 2025 haben.