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More than a third of Americans say the pandemic altered their retirement plans
In the latest Harris Poll conducted on behalf of The Nationwide Retirement Institute, they found most Americans believe it is more important to optimize Social Security now than it was before COVID pandemic and more than one in four who are eligible say the pandemic has caused them to change their decision on when to file for benefits. The survey also found adults across generations lack a basic understanding of Social Security benefits and ways to maximize those benefits. Along with lack of knowledge, the survey found a majority of adults worried Social Security would run out of funding in their lifetime and many feel they will need to continue working because Social Security won’t pay enough. In Brian Anderson’s article appearing on www.401kspecialistmag.com, he writes about how the pandemic has heightened Americans’ Social Security anxiety. Read Mr. Anderson’s article here…
Also, if you’re unsure about your individual situation under Social Security or have questions about your personal benefit entitlements, note that the AMAC Foundation provides an independent free-to-the-public Social Security Advisory service to help Americans navigate the complexities of this program. Learn more about it here…
This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.