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Nearly 2.7 Million Seniors Will Never Receive a Social Security Benefit -- Here's Why


In May, close to 67 million people received a traditional Social Security benefit, including more than 49 million retired workers. Decades of annual surveys have shown that up to 90% of these retired workers lean on their monthly payout, to some degree, to cover their expenses. In other words, Social Security is providing a financial foundation for tens of millions of seniors each year.

However, not everyone qualifies for America's top retirement program. Nearly 2.7 million seniors aged 60 and over will never receive a Social Security benefit.

Image source: Getty Images.

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Source Fool.com


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