Without Social Security benefits, a staggering 38% of older adults would have incomes below the poverty line, all else being equal... -- Kathleen Romig, Director of Social Security and Disability Policy, Center on Budget and Policy Priorities

Clearly, Social Security is a critical program for Americans. But a big problem is looming: If nothing is done to shore up the program, Social Security's trust funds' surplus will run out around 2033, which will result in benefits shrinking to about 77% of the amount due to beneficiaries. Yikes, right?

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Source Fool.com