Just How Worried Should You Be About Social Security Cuts? Not as Much as You Might Think.
It's no secret that Social Security is struggling, and many Americans are worried about its future.
A whopping 87% of U.S. adults say they're concerned about Social Security, according to a 2024 poll from Gallup, with 43% of that group saying they worry "a great deal" about the program. Furthermore, 47% of non-retired adults say they don't believe Social Security will be able to pay them a benefit once they retire.
Social Security has been facing a cash shortfall that could lead to benefit cuts in the relatively near future, so it's fair to be concerned about the program. However, the situation is not as dire as it might seem. Here's why.
Source Fool.com