The majority of Generation X Americans are worried that they won’t get Social Security benefits paid out once they retire, according to a Bankrate survey released Thursday. 

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KIFI

Idaho Falls

Bonneville County

Idaho

United States

More than half of non-retired US adults expect to rely on Social Security in retirement

Social Security is by far one of the most popular government programs in the United States because it is critical for so many retirees’ financial security.

Ad Fontes Media

All Sides

Media Bias/Fact Check

Warner Bros. Discovery

Atlanta

Fulton County

Georgia

By Jeanne Sahadi, CNN (CNN) — Social Security is by far one of the most popular government programs in the United States because it is critical for so many retirees’ financial security. And it will be just as important for US adults who have yet to retire. That’s also why so many Americans worry about how their benefits might change given that the program in less than a decade is expected to have a revenue shortfall. That would mean there would …

News-Press & Gazette Company

KRDO

Colorado Springs

El Paso County

Colorado

Social Security faces a 2033 depletion date for the trust fund it relies on to pay retirement benefits, according to the program's trustees.

CNBC

Roberts family

73% of workers worry Social Security won't be able to pay retirement benefits. Here's what advisors say

KVIA

Panama City

Bay County

Florida

The majority of Generation X Americans are worried that they won’t get Social Security benefits paid out once they retire, according to a new survey released Thursday.  The new Bankrate poll found that 81 percent of Gen X were concerned that their promised benefits will not be paid once they reach retirement age. Baby boomers placed second at 76 percent. Millennials were in third place at 69 percent, while Generation Z was at 60 percent.  Just 6…

The Hill

Nexstar Media Group

Washington

District of Columbia

81 percent of Gen X worried they won’t get Social Security benefits

A clear majority of United States adults worry that they won’t ever see the Social Security benefits that they paid into. A new survey from Bankrate, conducted in October, polling 2,492 individuals, found that 73% of non-retired adults and 71% of retired adults believed they wouldn’t receive their full Social Security benefits. Despite this anxiety, over half of nonretired adults say they expect to rely on Social Security once they retire. TRUMP…

Washington Examiner

Philip Anschutz

Social Security update: Most people worry they won’t ever see benefits they paid into - Washington Examiner

A new Bankrate survey found most Americans expect to rely on Social Security in retirement, but a majority are concerned they won't receive those benefits.

73% worry Social Security won’t pay promised benefits: Survey

NewsNation

Chicago

Cook County

Illinois

I pull the following directly from the summary of the 2024 annual reports of the Social Security and Medicare Boards of Trustees:
“The Old-Age and Survivors Insurance (OASI) Trust Fund (that is, Social Security) will be able to pay 100 percent of total scheduled benefits until 2033, unchanged from last year’s report. At that time, the fund’s reserves will become depleted and continuing program income will be sufficient to pay 79 percent of sched…

NewsBusters

Young, Black, Hispanic Americans Would Opt Out of Social Security Even If It Wasn’t Broken

KMIZ

Business

US Economy

Economy

Social Security

Politics

US Politics

DNyuz

Upstract

247wallst.com

The Published Reporter

FinanceBuzz

finchannel.com

bankrate.com

81 percent of Gen X worried they won’t get Social Security benefits: Bankrate poll

81 percent of Gen X worried they won’t get Social Security benefits: Bankrate poll

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