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Retirees are over-relying on Social Security - USA Today
Approximately 67 percent of seniors rely on Social Security for more than half of their income, with 27 percent entirely dependent on it for their financial needs. A recent survey echoes this statement. The survey results were not entirely surprising; 74 percent of respondents stated they were worried about Social Security benefits running out, and 83 percent expressed concern about the program. Christy Bieber, writing for the Motley Fool, explains why most Social Security recipients would not be able to manage possible Social Security benefits in the future. Read Ms. Bieber’s article here…
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