For a majority of Social Security's 55 million retired-worker beneficiaries, their monthly payout is foundational to their financial well-being. A quarter-century of annual surveys by Gallup show that up to 90% of retirees rely on their Social Security income, in some capacity, to make ends meet. Unfortunately, America's leading retirement program isn't on the best financial footing, and frankly hasn't been for decades. Though Social Security is in no danger of going bankrupt or halting benefits, its structural deficiencies have created the real possibility of sweeping benefit cuts in as little as six years. President Trump indirectly broke his Social Security promise. Image source: Official White House Photo by Joyce N. Boghosian.
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