One thing that can be said for certain about Social Security is that it’s a massive program. Nearly 75 million Americans receive some kind of Social Security benefit. As of 2024, roughly ...

Unfortunately, the program isn't as reliable as it once was. With two significant problems plaguing Social Security, retirees and soon-to-be retirees may need a backup plan to secure their ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Everyone agrees that Social Security is facing ...

. But some seniors only have Social Security to rely on for income. In 2024, AARP reported that 20% of Americans 50 and over have no retirement savings, so people in that situation need Social ...

At a recent AEI event on the 2026 Social Security Trustees Report, Social Security’s Chief Actuary Karen Glenn (pithily, credit where due) summed up the conventional wisdom on Social ...

The OASI Trust Fund is projected to run dry in late 2032, triggering an automatic 22% benefit cut worth roughly $500 a month for average recipients. Social Security is the primary income source ...

Benefits could rise in 2027, but Social Security’s worsening finances may eventually mean higher taxes, later retirement or smaller checks.