2025 Social Security and Medicare Update- Can You Survive?

Great vlog with god info and thanks for enlightening us with informative content.
1. Basic minimal sustenance items food, gas, utilities, insurance, and a place to live have gone up a min 10% and the 2.5% adjustment is a joke.
2. Didn't realize that France had an option for residency permit based on the minimum qualifying income limit with the potential to be eligible after 1 year in their National health system. Looks like a great option to be abroad and enjoy fine life in Europe. While being a good option for those in the threshold income ($1400/$2800) and slightly above, i wonder how it impacts for those in a higher retirement income (investments/SS/RMD all added up). I am sure you will become a French tax entity and may end up paying much higher taxes than US. Even though there is a tax treaty between the US and France any excess tax over the US tax paid abroad can be claimed back but there is a limit on the capture.
3. Nice to know that there are heath insurance options available abroad as an extension to Medicare A/B and Advantage plans. Can you make a video on the scope of coverage with rough cost for some one in 65, 70 and 75 age groups and what countries these options are available.
Thank you again for all your Hard work and valuable information!!!

The good news is Republicans want to eliminate both SS and Medicare, so if they win in November, you will no longer need to worry about it. Vote as if your retirement depends on it.

Inflation is closer to 20% than it is to 2%.

Elections have consequences. Free spending by an out of control administration and Congress hurts. Retirees are considered expendable as their electorate number will decrease.

I'm probably the only person in America that has not been affected by inflation. My $1175 rent has not increased since I moved here in 2018, nor have my utilities, insurance, transportation or other expenses gone up. I spend the same amount on groceries and other items that I did 6 years ago and even managed to reduce some costs by shopping around. My total monthly expenses are under $2000 and my income is more than twice that from Social Security, a small pension and side hustle earnings.

Most expats I know (I'm in Ecuador) shrug and say, okay. No problem. I keep finding ways of reducing my monthly expenses even now I pocket nearly a $1000 a month for medical emergencies, extra trips, etc… I don't know how anyone in the states manages on SS.

Medicare goes up 11 dollars

Medicare was going to he increased even further but the Biden Admin gave the insurance companies $$$$$ to hide it for this election.

Your series on France with the expert was refreshing. Yet upon deep diving into the costs and challenges. The main hurdle is renting (high cost), rental application (extensive process), banking (finding a bank to accept foreigners).

One of THE major reasons I do not hang out with retirees (I am in my mid-60s) is the incessant whining about SSA the COLA, and "It's my money".

Be around people under age 45.

I never signed up for Medicare. Always in the French healthcare system.

Keep up the great vids Warren & Julie!…even though this important topic is a bit of a downer( not your fault though!)

I worked most of my life and I make much less than the "average" amount, which is pitiful. The increase is nowhere near a match for the amount of inflation now.

What is best international health Insurance for young pro athlete, traveling a lot?

A $50 cola, $11 madicare increase so…$39 increase. A gal of milk, bread, pack of hamburger, hot dogs, beans,potatoes, apples, head of lettuce for the month. That's all folks! Nothing for the electric, the heat or gas in the car to get to the doctor. Remember, those who crossed the border illegally are getting 6,000 a month. Those worked all their lives and paid into the system, $39 a month after the medicare increase. Why do border invaders need 3 times as much to live on as retited Americans? Anyone know?

France is a disaster the immigrants have destroyed the country.

2.5% COLA increase, and Medicare premium 5.9% increase!? Just not fair!

FDR enacted the SS program during the Great Depression. When he signed the bill that put it into effect, he said that it was not a long term solution and would need to be replaced or severely overhauled in the future. Sadly, it never has been. I'd rather the government just let me keep my money and let me decide how best to use it for my retirement.

I will not get a 2.5% social security raise, because Obamacare will raise my premium 2.5% and the government will tax 2.5% more of my social security leaving me taking a cut in pay of 2.5%. I would be 2.5% ahead if I didn't get a social security cola raise and the government still has not told us how much they are increasing the Medicare part B premium and also the county is raising my property taxes 25%, my income keeps decreasing