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Benzinga
Benzinga
Business
Shomik Sen Bhattacharjee

78% Americans Fear Their Social Security Won't Stretch Far Enough, AARP Survey Finds As Trust Fund's Clock Ticks Down

Social Security shutterstock_2468857595

Social Security has become a make-or-break income source for a swelling share of Americans even as the program barrels toward insolvency, an anniversary survey by AARP warns.

What Happened: Two-thirds of today's retirees now say they “rely substantially” on their monthly benefit, up from about half in 2005, and 78% of adults fear the checks won't cover basic living costs.

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