Thursday, July 14, 2011

Social Security Panic

Percentage of people aged 55 to 66 not yet receiving Social Security benefits who agree with the statement, "If I wait too long before collecting Social Security benefits, Social Security may run out of funds": 66%.

Percentage of people aged 55 to 66 not yet receiving Social Security benefits who agree with the statement, "I will not be able to support myself in retirement without my Social Security benefits": 72%.

Source: AARP, Assessing Current and Future Beneficiaries' Knowledge of Social Security Benefits

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