The Social Security program provided income to 49 million retired workers in May 2023, and a recent survey from Gallup suggests that the vast majority of those individuals depend on monthly benefits to make ends meet. Of course, Social Security is meant to supplement other sources of retirement income -- savings accounts, investment accounts, and pensions -- but benefits tend to become increasingly important as people age.

For that reason, current workers planning for retirement should know what to expect from Social Security and how to increase their future benefit.

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Source Fool.com