«  
  »
S M T W T F S
 
 
 
 
 
1
 
2
 
3
 
4
 
5
 
6
 
7
 
8
 
9
 
10
 
 
 
 
 
 
 
 
 
 
 
 
 
 
24
 
25
 
26
 
27
 
28
 
29
 
30
 
31
 
 
 
 
 
 
 

The Biggest Misconception About Social Security "Running Out of Money"

DATE POSTED:January 12, 2019

For better or worse, Social Security is a program leaned on by a growing number of aged beneficiaries each month. As of November, 43.7 million retired workers were receiving a monthly benefit, with 62% of these retirees leaning on Social Security for at least half of their income.

However, this indispensable program that's been laying down a financial foundation for senior citizens over a span of nearly eight decades is facing what might be its biggest challenge since inception. As some pundits have suggested, it's "running out of money."

Image source: Getty Images.

Continue reading