2026 Q4 Fiduciary Perspective

Concerns about the long-term sustainability of Social Security and Medicare are growing as rising deficits, demographic shifts, and escalating healthcare costs strain their financial outlook. While these programs are likely to persist, their structure and financing may evolve, making it important to consider these risks as part of long-term retirement planning.

“The rising cost of higher education” narrative that has drawn attention in headlines fortunately does not match the reality of changes over the past decade. However, higher ed financing is still a major expense for families and benefits from thoughtful planning.