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Are Retirees Too Confident About Social Security?


Today's workers are pretty skeptical about Social Security's future. Only about half say they are at least somewhat confident the program will maintain its current value, according to a recent Employee Benefit Research Institute (EBRI) survey. But for retirees, it's a different story.

Nearly 7 in 10 retirees believe their future Social Security benefits will provide an equal value to their current benefits, the EBRI survey says. But this is one of those situations where being too optimistic could come back to bite them. Here's why.

Image source: Getty Images.

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Source Fool.com


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