Around 70% of workers are concerned that Social Security will not be there for them when they're ready to retire, according to a 2022 survey by the Transamerica Center for Retirement Studies. Millions of seniors rely on their benefits in retirement, and many people are worried that the program is on the verge of bankruptcy.

There's bad news and good news about the future of Social Security. The bad news is that benefit cuts could be on the horizon. But the good news is that the problem isn't as dire as many people believe. Here's everything you need to know.

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Source Fool.com