Diversifying Income Streams for Added Security
Manage episode 421921254 series 3561337
Mike Riedmiller discusses the uncertain future of Social Security, with estimates that the trust fund will go dry as early as 2034, potentially leading to a 25% cut in benefits. Mike explains how this could impact retirees and emphasizes the need for income planning.
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Mike Riedmiller, President of Riedmiller Wealth Management joins you on Smart Retirement Strategies each week to break down retirement planning, personal finance, taxes, estate planning, and wealth management. Listen as Mike Riedmiller talks about his passion for financial planning, helping people, the importance of holding a fiduciary standard, and offers up transparent advice.
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