I'm Not Counting on Social Security to Fund My Retirement and You Shouldn't Either. Here's Why

Bernadette Joy is the founder of Crush Your Money Goals. Her media and education programs teaches women how to become financially independent after she and her husband paid off $300,000 of debt and built their first $1M in their 30s. You can find her at crushyourmoneygoals.com.

Millennials and Gen Zers planning on Social Security to fund their retirement may want to reconsider. 

For years, there's been talk about the Social Security fund running out of money. The government program could see its funds depleted sooner if President Donald Trump cuts Social Security taxes. 

As a personal finance expert who saved enough to retire comfortably at 40, I've worked with dozens of clients to help them calculate how much they need to save now to afford retirement. Whether Social Security is around, I can tell you with confidence that you shouldn't ...