How to Money · Wednesday, September 2, 2026
Wes Moss addresses concerns about the Social Security Trust Fund, suggesting that future benefit reductions are probable for younger generations, while current retirees are unlikely to be affected due to political considerations. He notes that while mathematically solvable through adjustments like raising the retirement age or increasing contributions, the primary obstacle is the lack of political will to implement these changes.
“So the folks that are in their thirties and forties, there will be a time when social is going to have to get clipped to some extent. And I don't think, you know, people in their sixties have to worry about it because the Congress isn't going to impact the current group because you've got like I think you would have like riots, you would have riots in America.”
“The only group that young people probably the group that would probably not riot is the thirty year old that doesn't really it's not like they have a bird in hand that's going to get clipped. It's a future payment that they may not fully be counting on any way, and they don't really know, like maybe it would have been three grand a month, but now it's going to be twenty seven hundred or twenty five hundred.”
“So they're going to pull some levers, but it's not going to be for the current folks. It'll be for the folks that haven't started getting payments.”