Social Security as We Know It Won't Be There for Americans If This Happens

Social Security as We Know It Won't Be There for Americans If This Happens

Most Americans have serious concerns about the future of Social Security. In fact, according to a recent survey from Nationwide, 79% of millennials, 81% of Gen Xers, and 66% of baby boomers worry that the popular retirement benefits program will run out of money during their lifetimes. There's a dedicated payroll tax set at 12.4% total -- with half paid by employees and the other half paid by employers.