Key Points The latest update from the Social Security Trustees points to a potential 22% benefit cut. I'm doing my best to build retirement savings so those cuts don't matter. I'm also willing to be flexible about what retirement looks like. The $23,760 Social Security bonus most retirees completely overlook › The Social Security Trustees Report that comes out every year isn't the sort of thing the typical American reads. But because I write about Social Security on an almost daily basis, I tend to read it thoroughly. In a nutshell, what you really need to know is that Social Security faces the possibility of a broad 22% benefit cut in the coming years.
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