Let's Get Real About Social Security and Immigration
For a majority of retirees, Social Security represents more than just a monthly check. This vital program provides a financial foundation without which an overwhelming percentage of aged beneficiaries would struggle.
Since 2002, national pollster Gallup has surveyed retirees on an annual basis to gauge how reliant they are on their Social Security income. During this 23-year stretch, 80% to 90% of respondents, including 88% in the latest survey released in April 2024, stated that Social Security represents a "major" or "minor" source of income. In other words, nearly nine out of 10 retirees lean on their payout, in some capacity, to make ends meet.
But while America's top retirement program serves as the financial foundation for many, its own foundation has begun to crack -- and immigration is one of the many issues that can be blamed.
Source Fool.com
