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hey everyone in todays video were talking about the average wage index this is the single most important component to determining not only the basic Social Security calculation formula but its also responsible for determining most of the annual changes to Social Security so were gonna take a deep dive into it so be warned this will be a fairly technical video but if youd like to understand whats into the hood knowing how the average wage index interacts with Social Security is critical but again fair warning be prepared to watch this video more than once to fully understand all the moving parts and Before we jump into the deep end this topic is something youll probably hear a lot about in the next few years with the possibility of unemployment numbers going up and wages going down this could have a profound impact on Social Security in the future so if you want to stay informed about how this is working its way through the system be sure to subscribe and hit that notifications
