Before our retirement accounts themselves are directly targeted with rule changes, your asset value within them will be used to calculate a Social Security offset. Along with any pension income you may be due. Many of us presume S.S. will fold or become a greatly diminished benefit during our retirement lifetime. At 56, I plan my retirement strategies as if I will have zero S.S. income, except for seeking as much tax free retirement income as possible. However, I am hopeful that the S.S. checks will roll in as a "bonus."

Before Social Security goes insolvent, I'm quite certain folks who were high earners and fastidious savers will be "penalized" for their wealth accumulation by decreasing their Social Security benefit. Which is probably the first line of attack for the mind set perpetuated by the A.O.C. and Elizabeth Warren types. Their more grandiose wishes for an overall wealth tax will get an initial foothold by taking "unnecessary public benefits" from the "rich." Productive member of society? Financially responsible? Low debt/committed saver? - Bam, here's your reward! You don't need all that Social Security benefit that you have earned! The younger you are, the more likely you are to be impacted in such a manner.