Phoenix68
Well-Known Member
- Joined
- Mar 12, 2022
- Messages
- 14,265
"American workers face challenges balancing their daily expenses with planning for retirement, all while considering the importance of Social Security benefits in their financial strategies.
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However, Scott Galloway, author and New York University professor, wants his readers to think in a big, different way about work, retirement and economic security.
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Galloway, who earns $16 Million annually, believes that Social Security benefits should not be available to people with that much wealth, including himself. He supports the idea of using means-testing to determine eligibility for the monthly payments.
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Means-testing is a method used to determine whether a person qualifies for financial benefits or assistance based on their income and assets. It would evaluate one's financial situation and try to ensure that Social Security monthly paychecks are allocated to those who need them the most."
.
However, Scott Galloway, author and New York University professor, wants his readers to think in a big, different way about work, retirement and economic security.
.
Galloway, who earns $16 Million annually, believes that Social Security benefits should not be available to people with that much wealth, including himself. He supports the idea of using means-testing to determine eligibility for the monthly payments.
.
Means-testing is a method used to determine whether a person qualifies for financial benefits or assistance based on their income and assets. It would evaluate one's financial situation and try to ensure that Social Security monthly paychecks are allocated to those who need them the most."
.
