39% of Workers Fear Social Security Will Be Reduced or Eliminated. Are They Right?

Planning for retirement means assessing your various income streams to ensure that you're able to pay the bills as a senior. And chances are, one of those income streams is Social Security. Millions of seniors count on those benefits today to stay afloat financially, and if you've spent your working life paying into the system, it's natural to expect those benefits once it's your turn to retire.

But 39% of workers aren't so sure about getting Social Security, in a recent Transamerica survey. Specifically, they're worried that benefits will get reduced or go away altogether. Are they right?

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Source Fool.com