Social Security and the BAILOUT?

Will the government bailout hurt Social Security? This is such a worry for me and I am sure for all of us. I heard today that seniors will be hurt the most by the loss of value in the market. Youngsters will have more time to recover and plan new ways to save.

Keep in mind form 521 of Social Security if you need to reapply in order to get larger payouts. I may do this in the near future before the 521 plan goes away.

The new administration may make some changes to Social Security and the puzzle is to know what to do before the changes occur.

These days are truly annoying for those of us who saved and planned for retirement. Social Security is the one hope we have relied on for the future.