US. Social Security will survive, but will it be enough?
Many Americans have a curious attitude toward Social Security, presuming the program one day will disappear or get significantly scaled back, but not doing much to prepare for it by saving and investing more.
The skepticism about Social Security’s future shows up in one consumer poll after the other. For example, just 45 percent of current workers say they are very or somewhat confident that Social Security will continue to provide retirement benefits of roughly equal value to benefits currently paid to retirees.
That’s according to the latest Retirement Confidence Survey released in April by the Employee Benefit Research Institute and it was down from a 51 percent confidence reading in 2017.
Read More: AZ Central
