Social Security Cuts May Be Coming. Here's What I'm Doing to Make Sure They Don't Mess Up My Retirement

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.