Social Security Reform Set For Debate In New Congress

The video discusses the perspectives of retirees on Social Security, highlighting their reliance on the program and concerns about potential cuts. It explores the impact of Social Security on the national debt and the need for reform, given the program's projected insolvency by 2035. Proposed reforms include raising the retirement age and increasing taxes on wealthier Americans. Retirees express concerns for future generations and offer advice on savings, while expressing skepticism about Congress's ability to address these issues.

What personal experiences do the retirees share regarding their dependence on Social Security?

What advice does Hank give regarding financial planning for retirement?