Today's Workers Refuse to Rely on Social Security, and That's a Good Thing

Social Security currently serves as a major income source for millions of older Americans. But younger folks refuse to let themselves fall back on it.

In fact, only 17% of millennials expect Social Security to be their primary source of retirement income, according to a recent Transamerica survey, and just 26% of Gen Xers feel similarly. Even baby boomers are less enamored with Social Security, with only 37% citing it as a major income source during their senior years. This attitude about Social Security is extremely encouraging for a couple of important reasons -- reasons all workers should be aware of.

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Source Fool.com