The $459 Monthly Loss: What a 22% Social Security Cut Would Cost the Average Retiree
Maurie Backman's article for 247wallst.com calculates that a projected 22% Social Security cut, which the Trustees report warns could come as early as 2032, would cost the average recipient $459 of the roughly $2,088 monthly benefit. She argues Congress's potential fixes — broad or wealth-only tax hikes or a higher full retirement age — each carry painful trade-offs, and urges workers to save as much as possible.
