It's no secret that Social Security has been struggling financially for years. It's long been a hot-button topic in Washington, and more retirees are starting to worry that the program is running out of money.

While Social Security isn't going away entirely, benefit cuts could be on the table within the next decade or so. Nothing is set in stone just yet, as lawmakers could still come up with a solution. But right now is the time to start preparing, just in case.

To be clear, Social Security is not going bankrupt. But it is facing a cash shortfall that will impact benefit payments if left unchecked.

Continue reading

Source Fool.com