Who's Ready for a $5,814 Social Security Benefit Cut?
For the vast majority of current and future retirees, Social Security income is indispensable. A recent survey from national pollster Gallup found that 89% of current retirees lean on their monthly Social Security payout to some varied degree to make ends meet. Meanwhile, 84% of nonretirees anticipate relying on the program as a "major" or "minor" source of income during their golden years.
Unfortunately, America's most vital social program finds itself in a heap of trouble.
Image source: Getty Images.
Source Fool.com