A new proposal out of Washington is putting fresh pressure on the future of Social Security- and it could impact how much some retirees receive. In this episode, Liz breaks down what’s being proposed, who it might affect, and why it’s sparking debate. While nothing is finalized, the conversation highlights a bigger issue: Social Security is likely to change. The real question is how prepared your retirement plan is if it does.

Here’s some of what we discuss in today’s show:

• A new proposal could cap Social Security benefits for higher earners
• The debate: fairness vs. earned benefits
• Only a small percentage impacted today but that could grow
• Social Security has changed before and will likely change again
• Having a backup income strategy is critical for retirement security

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When a parent passes away, emotions and finances tend to collide, especially when real estate is involved. One of the most common things that stalls families is fear of taxes, even when that fear isn’t fully understood. Today’s listener question is about an inherited home and hesitant siblings.

Here’s some of what we discuss in today’s show:

• Step-Up in Basis Explained – Why heirs typically don’t owe taxes on decades of appreciation.
• Capital Gains Timing Matters – When taxes apply after inheritance.
• Document Fair Market Value – Why getting an appraisal at date of death is critical.
• Trust vs. Direct Inheritance – How ownership structure affects reporting and decision-making.
• Step-Down in Basis (Yes, It Happens) – What changes if property values decline.
• Sibling Dynamics & Planning Ahead – Why clear instructions can prevent family gridlock.

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Retirees and pre-retirees are increasingly targeted by sophisticated scammers, with billions lost each year, especially among those 60 and older. In this episode, Liz breaks down the most common frauds hitting seniors today, from tech support and investment scams to romance schemes and social media cons, and explains how they work. You’ll also hear practical, high-impact steps to protect yourself and your family.

Here’s some of what we discuss in today’s show:

• Statistics on Identity Theft and Data Breaches: The scale of the problem
• Types of Scams Targeting Older Adults: What’s most common
• Romance Scams and Social Media Fraud: Where trust gets exploited
• Protective Measures and Action Steps: Habits that reduce risk
• Additional Security Measures and Resources: Extra layers of protection

Subscribe to Liz's YouTube Channel: Best Path Advisors - YouTube