Pandemic Math: Retiring Without Social Security – Community News
Social Security

Pandemic Math: Retiring Without Social Security

For wealthy Americans, the pandemic economy created some of the strongest incentives to retire in modern history, with generous federal incentives, incredible market profits, skyrocketing home values ​​and health problems driving many Americans into early retirement.

The surprising twist? Many of these retirees also chose to delay claiming Social Security benefits, an exclusive Washington Post analysis shows. By delaying their benefits, these retirees can expect higher monthly checks in the future, explains economic reporter Andrew Van Dam.

Later in the show we will continue with our Teens in America series by hearing from 18-year-old Zoë Jenkins. Although she was a high-performing college student, her experience at school in Kentucky was overshadowed by racial incidents—and besides, she didn’t really get an education about racing in her classrooms. So she decided to take matters into her own hands and created a diversity, equality and inclusion curriculum for Gen Z, by Gen Z.

“There are problems in the world that I think I can address,” Zoe said. “I feel like I should do that. And I think more teens feel like we need to do something. So many things come to a sort of tipping point.”

If you value the journalism you hear in this podcast, please subscribe to The Washington Post. We have a deal for our listeners: one year of unlimited access to everything The Post publishes for just $29. To sign up, go to washingtonpost.com/subscribe.

About the author

Rakesh

Add Comment

Click here to post a comment