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Kiplinger
Kiplinger
Business
Donna LeValley

How Much Would Social Security's 2032 Shortfall Cost You?

A Social Security card with the United States Capitol building on it.

The health and stability of the Social Security system are on the minds of Americans who are nearing or in retirement. More than half of Americans who aren’t yet retired lack confidence that they'll have the same Social Security benefits as current retirees, according to a study from the National Institute for Retirement Security (NIRS).

Just 31% of Gen Xers and 28% of women are very confident they’ll have the same benefits as current retirees, the study showed, while 52% of boomers and 49% of men are very or somewhat confident they'll have the same benefits as previous generations.

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