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Arecent survey from CNBCfound that 28% of retirees are currently working.
If Social Security benefits are reduced within their lifetime, that extra savings could be a lifeline.
In fact, both presidential candidates have promised tax cuts that could increase the funds shortfall.
I believe Trump will ensure the Social Security fund will remain intact.
I planned not to have Social Security for the future.
But that was based on the cost-of-living back then.
With the increased cost of living now, Social Security would be helpful, she said.
Congress approves the budget and the debt ceiling, said Mark Malek, CIO at the financial advisory firmSiebert.
The next President still has to sign off on whatever lawmakers come up with.
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