Millions of Americans rely on Social Security for financial well-being, and not just senior citizens. In fact, nearly 61.5 million retirees, survivors, disabled workers, and their dependents receive Social Security benefits.
Unfortunately, the Social Security program isn’t on the best financial footing right now. Here are eight statistics you may not be aware of that can give you a snapshot of Social Security in America, the headwinds facing the program, and what could be done to fix the problem before it’s too late.