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.