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Kiplinger
Kiplinger
Business
Kathryn Pomroy

Americans Optimistic About Future Social Security Benefits

An older couple stand closely together in the kitchen, looking lovingly at each other.

More Americans expect to receive Social Security when they retire, according to a recent Gallup survey. Yet, 43% of retirees currently expect that their benefits will eventually be cut. 

The new poll also found that expectations for receiving Social Security benefits vary by age among nonretirees, with 66% of those 50 and older expecting to get benefits. Only 37% of nonretirees between 30 and 49 believe they will get Social Security benefits, while 61% do not. Of the youngest adults, aged 18 to 29, 50% think they will get benefits (up from 34% in 2015), and 48% do not. That’s the most optimistic this age group has been at any point since 2000. 

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