{"type":"video","version":"1.0","html":"<iframe src=\"https://www.loom.com/embed/691291d37d04403b8a5a0c9a76345a8b\" frameborder=\"0\" width=\"1920\" height=\"1440\" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>","height":1440,"width":1920,"provider_name":"Loom","provider_url":"https://www.loom.com","thumbnail_height":1440,"thumbnail_width":1920,"thumbnail_url":"https://cdn.loom.com/sessions/thumbnails/691291d37d04403b8a5a0c9a76345a8b-ffdfee642429d8f9-full.jpg","duration":242.091,"title":"How to Model a Social Security Benefit Reduction in Boldin","description":"In this Loom, I show how Bolden can model what happens if Social Security benefits change. Using CBO projections, I set an example where benefits are reduced by 28 percent starting in 2032, with defaults you can adjust. For Marshall and Lilly, Lily is already drawing in retirement, and with the toggle on their income drops mid plan, their chance of success score shifts 9 percent lower, and their net worth at longevity age falls by over 1.3 million. I also compare against the full benefit scenario by toggling on and off. No action is required from you, I just walk through the feature and its impact."}