Why Is Everyone so Worried About Social Security?

While many seniors rely heavily on Social Security to make ends meet, a large number of people have lost faith in the program. A good 73% of working Americans think Social Security won't be there for them in retirement, according to the 21st Annual Transamerica Retirement Survey. But those who think that way may be blowing the current situation out of proportion.

The Social Security Trustees recently released their long-awaited update on the state of the program's finances, and the news wasn't exactly wonderful. It also wasn't shocking.

Image source: Getty Images.

Continue reading

Source Fool.com