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3 Big Problems With Social Security (and What You Can Do to Prepare)


Social Security is a lifeline for many in retirement. In fact, around 1 in 5 adults age 50 and older say they have no other retirement income outside of their benefits, according to a 2023 survey from the Nationwide Retirement Institute.

However, the program has been facing some major challenges in recent years, and they could affect your monthly payments. Whether you're already retired or planning to retire soon, there are three Social Security problems that should be on your radar -- as well as what you can do to keep your retirement safe.

Image source: Getty Images.

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Source Fool.com


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