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Home Market Research Markets

Most Americans Think Social Security Is Going Broke. Is It?

by TheAdviserMagazine
1 month ago
in Markets
Reading Time: 1 min read
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Most Americans Think Social Security Is Going Broke. Is It?
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USA TODAY Network / Reuters

We are told that Social Security is running out of money, facing bankruptcy, going broke. That language is figurative and imprecise, but many Americans take it literally. Nearly two-thirds of us believe that when the much-feared Social Security shortfall arrives, around 2032, benefit payments will cease. That finding comes from a paper by researchers at UCLA and Cornell University…



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