The Next Infrastructure Crisis

One hot summer afternoon, two power lines in Walton Hills, Ohio sagged down into a nearby tree... And from there, all hell broke loose.

Power lines droop when they're overloaded. The extra electricity coursing through the lines heats them up, causing them to expand and sag.

And on August 14, 2003, everyone in town was running their air conditioners... drawing a ton of power through those overloaded lines.

When the two sagging lines touched the tree, the contact tripped the local power station's safety-override mechanism. The system shut off power to the lines. The shutdown forced other lines to carry a higher load... which in turn caused them to sag into other nearby trees. The process repeated again and again.

By 3:17 p.m., the local power station was producing more electricity than it could distribute through available lines. Emergency systems took the plant offline to prevent generator overload. Other plants increased their output to compensate.

But similar faults in antiquated power lines and emergency shut-off systems forced these plants to shut down as well. A cascade reaction began...

By 4:13 p.m., 256 power plants across eight Northeast states and one Canadian province had gone offline. Fifty-five million people were left without power... for days.

As days wore into nights, chaos began to unfold. Burglar alarms were inoperable, so break-ins and lootings spiked. Waves of panicked emergency calls overwhelmed police, fire departments, and emergency medical responders.

In city after darkened city, those without cash on hand had no way to purchase vital goods or withdraw funds from banks or ATMs. Commerce ground to a near-standstill as the entire populace waited and wondered... "What do we do now?"

The Northeast blackout of 2003 was the second largest in world history at the time. And more than 20 years later, we have a new, massive demand on our aging energy infrastructure…

According to consulting firm McKinsey, AI data centers are projected to eat up about 12% of total power demand by 2030. Take a look...

And while companies like Microsoft (MSFT), Amazon (AMZN), and Alphabet (GOOGL) continue pouring money into data centers, the real constraint is becoming clear...

There simply may not be enough power to run them all.

And that could put serious pressure on not only the power grid but also many of today's biggest tech stocks.

Earlier this week, two of my colleagues – Marc Chaikin and Jeff Brown – went on camera to talk about this new crisis in AI…

The growing energy bottleneck might not cause another Northeast blackout, but it has revealed something equally catastrophic: a major structural flaw inherent to the AI build-out. And it could leave millions of powerful AI chips sitting unused in data centers across the country.

But according to Marc and Jeff, a new AI company has been formed specifically to address this crisis. And when it goes public, it could mark the beginning of a new phase in the AI story.

In their presentation, they detail exactly how investors can position themselves to profit before the next AI phase unfolds. If you missed it, don't worry – you can watch a replay right here.

Now, let's get to this week's Q&A... And as always, keep sending your comments, questions, and topic suggestions to feedback@healthandwealthbulletin.com. My team and I read every e-mail.

When to Claim Social Security

Q: Doc, I'm hitting full retirement age soon and want your advice on if I should start Social Security now or wait for the max benefit? Thanks. – F.D.

A: Thanks for your question, F.D. There are a few things to consider before deciding when to take Social Security…

• Do you need Social Security now?
• Can you retire without needing Social Security?
• What other income do you expect to have during retirement?
• What are your expected expenses during retirement, and can they be covered?
• Are you still in your high-earning years, and could you increase your Social Security benefit amount by working longer?
• Do you have circumstances that could increase or reduce your life expectancy?

You can start collecting Social Security at 62 years of age. But for each year you wait, from age 62 to 70, you're entitled to a higher monthly payment.

The Social Security Administration uses your 35 highest-salary years in its calculations. It applies the average from those years to its benefit formula to find your primary insurance amount ("PIA"). The PIA is the amount you'd receive at your full retirement age, which depends on the year you were born (it's 67 for anyone born in 1960 or later).

Let's look at what you could receive based on the age you first claim Social Security. We're going to assume a $1,000 full monthly benefit to keep the math easy...

In this example, you'd collect $867 per month for the rest of your life if you started at age 65. Starting at age 70 would get you $1,240 per month – a difference of $373 per month. But you would also have to go five more years without collecting benefits.

If you began collecting Social Security at age 65, you'd have gotten $52,020 in monthly payments by age 70. If you wait until age 70, the higher monthly payment means you'd break even in 139 months – at 81 years old.

At that point, your advantage grows by $373 every month for life. For example, in six years, you'll collect $26,856 more than you would have by claiming benefits at age 65.

Folks have lots of reasons to start claiming early, like losing their job, becoming a caregiver for a spouse or other family member, or having a short life expectancy due to health concerns. And some people don't want the government keeping that cash any longer than is legally allowed.

On the other hand, some folks prefer to delay their claim because they plan to keep working through their 60s, have a family history of longevity, want the improved lifestyle that a higher payment can help them afford, or just don't need the benefits early.

If you expect to live a long life, enjoy working, and don't need the money, why not wait to get an increased benefit? But only you can decide the best time to start collecting.

What We're Reading... 

• Did you miss it? An obvious sign we're getting closer to an AI top.

• Something different: 22 Buddhist monks arrested at airport after record drug bust.

Here's to our health, wealth, and a great retirement,

Dr. David Eifrig and the Health & Wealth Bulletin Research Team
May 1, 2026