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

Texas Attorney General Sues Houston-Area Center Accused of Birth Tourism Scheme

An advertisement for a Houston-area “birth tourism” operation known...

Trump Suggests Beijings Help for Iran Is Limited

U.S. forces patrol the Arabian Sea near the container...

How Australia Plans to Force Big Tech Firms to Pay News Outlets for Content

Australia's Prime Minister Anthony Albanese (C) speaks during an...

Jerome Powell to Remain on Fed Board After His Term as Chair Ends

Despite planning to retire, Powell believes he has ‘no...