Americans have grown somewhat more positive about Social Security’s ability to provide them with retirement benefits—but the numbers are still concerning.
Americans have become a little more optimistic about the prospect of getting at least some money from Social Security when they retire, but the numbers still reflect a troubling picture of a system teetering on the verge of bankruptcy.
The numbers are an improvement over the prior three readings taken in 2005, 2010, and 2015, when the share of U.S. non-retirees who said they expect to receive a Social Security benefit when they retire was 45 percent, 36 percent, and 45 percent, respectively.
On the flip side, the latest data shows that 47 percent of Americans (who are not yet retired) think that when they finally call it quits, they won’t get a penny from Social Security.
Those figures in 2005, 2010, and 2015 were 50 percent, 60 percent, and 51 percent, respectively.
Optimism regarding Social Security also ticked up for U.S. retirees, with 53 percent saying they believe they’ll continue to get…
Read the full article here