Social Security Cuts Could Be Less Than 10 Years Away. Buy These ETFs to Make Up for Them [Yahoo! Finance]
VANGUARD HIGH DIVI YIELD (VYM)
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personal.vanguard.com/us/funds/snapshot?fundintext=int&fundid=0623
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Source: Yahoo! Finance
It's a good idea to focus on ETFs that offer steady income, but make sure you're comfortable with the risk involved. Investors rethink 'hands off' investing and decide to start making real money These days, there are plenty of rumors flying about Social Security going away completely. Thankfully, they're just rumors. But there's some truth behind them in that Social Security is experiencing a financial crisis lawmakers desperately need to address. Social Security gets most of its funding from payroll taxes. For this reason, the program is not at risk of going away completely. But benefit cuts are a huge possibility. The exact timing of potential cuts is subject to change and hinges on factors like how much revenue Social Security gets in the coming years and whether lawmakers agree to combine the program's two trust funds or keep them separate. But either way, it's a good idea to plan for Social Security cuts within the next 10 years. This means that if you only have about
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