Negative
21Serious
Neutral
Optimistic
Positive
- Total News Sources
- 3
- Left
- 1
- Center
- 0
- Right
- 2
- Unrated
- 0
- Last Updated
- 22 hours ago
- Bias Distribution
- 67% Right
Majority of Americans Doubt Social Security Future
A recent Bankrate survey reveals that while 53% of Americans expect to rely on Social Security for essential retirement expenses, a significant 73% are concerned about the program's future viability amid warnings of potential benefit cuts by 21% due to projected fund depletion by 2033. Baby boomers and Gen Xers express the highest levels of anxiety regarding Social Security, with over 80% of these groups fearing they won't receive promised benefits. Interestingly, while more non-retired men (57%) anticipate relying on Social Security, a higher proportion of female retirees (82%) currently depend on it for their necessary expenses. The survey highlights a disconnect between public concern and the lack of legislative action to address the looming funding shortfall. Experts suggest that solutions could include tax increases or benefit cuts, but meaningful discussion among lawmakers remains absent. The overall sentiment underscores a critical need for proactive measures to ensure the program's sustainability as millions depend on it for financial stability in retirement.
- Total News Sources
- 3
- Left
- 1
- Center
- 0
- Right
- 2
- Unrated
- 0
- Last Updated
- 22 hours ago
- Bias Distribution
- 67% Right
Negative
21Serious
Neutral
Optimistic
Positive
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