Social Security's Day of Reckoning Is Getting Closer. Here's What Retirees Need to Know.
Millions of seniors today collect a monthly benefit from Social Security. And for many, that benefit serves as their primary source of income. Some seniors, in fact, can only pay their bills because they're eligible for Social Security, and without those benefits, they'd essentially be unable to get by.
But Social Security is facing a major financial shortfall that could impact the program's ability to pay benefits in a serious way. And that's something every retiree should have on their radar.
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Source Fool.com