Quote:
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This decision could eventually threaten not just those who depend for the most part on Social Security in retirement, but also could threaten those who have invested carefully, but depend on SS to provide a buffer that keeps investors from needing to tap into their IRAs sooner rather than later.
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Describes me. I have no pension and rely solely on savings and SS.
TBH I don't think it will happen, but theoretically yeah, it would cut my income in half.