More Americans Now Leaning Heavily on Social Security Payments, AARP Survey Finds

Date:

More Americans Now Leaning Heavily on Social Security Payments, AARP Survey Finds

A Social Security card sits alongside checks from the U.S. Treasury in Washington on Oct. 14, 2021. Kevin Dietsch/Getty Images

While Social Security is facing funding challenges in the coming years, more retirees said in a recent survey that they need the payments compared with 10 or 15 years ago, according to AARP.

The survey found that about 65 percent of retired Americans say “they rely substantially on Social Security,” compared with 21 percent who say “they rely on it somewhat.”

spot_imgspot_imgspot_img

Share post:

More like this
Related

US Treasury Issues 30-Day License to Allow Sale of Russian Oil Stranded at Sea

The Liberian-flagged oil tanker Ice Energy (L) transfers crude...

Taiwans Political Parties Agree Government Can Sign Agreements on US Arms Sales

Guards raise Taiwan's national flag on the Democracy Boulevard...

California Startup Starts Drilling Worlds First Underground Nuclear Borehole

The drill rig at the Deep Fission site in...

Senate Passes Bill Aimed at Making Housing Affordable

CongressThe bill seeks to rein in corporate landlords and...