The Truth About Social Security’s Future—And How to Prepare

In this Thanksgiving edition of Understanding Money with the Noles Group, Danny, Parker, Chandler, and Evan break down the 2026 Social Security changes and what rising Medicare premiums, inflation, and tax updates mean for retirees and those nearing retirement. 

The team explains why COLA increases don’t always keep pace with real-life expenses, how rising Medicare Part B premiums can eat into benefits, and what the new $6,000 senior tax deduction could mean for your household.

They also tackle the big question: “Will Social Security always be there?”—and offer practical, actionable steps to build retirement income streams that don’t depend on Congress doing its job.

Plus, the team covers budgeting strategies for the holiday season, how to avoid overspending, the psychology of smart money decisions, and a surprising breakdown of Thanksgiving meal costs across the U.S.

Whether you’re planning for retirement, managing holiday stress, or trying to build a more secure financial future, this episode gives you clarity, confidence, and a clear plan for the year ahead.