Is Social Security Failing Our Nation's Seniors?
Whether you're already retired or plan to retire at some point in the future, the chances are high that you'll be reliant on Social Security to some varied degree to make ends meet during your golden years.
Back in April, national pollster Gallup surveyed nonretirees to gauge how reliant they expected to be on Social Security income when they do hang up their work coats for good. A record 38% of respondents expect it to be a "major source" of retirement income, with another 47% believing they'll lean on the program as a "minor" income source. Only 15% of respondents believe Social Security income will be unnecessary during retirement. This is fairly consistent with the 10% of retirees surveyed by Gallup who aren't reliant on Social Security income.
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Source Fool.com
