How to Overcome 5 Retirement Finance Fears
2. Fear that Social Security is wobbly
Social Security is the main source of income for three in five retirees, according to the Gallup survey, but only one in three nonretirees believe the benefit program will be there for them when they need it.
Talk of Social Security going “bankrupt” has been swirling for years, feeding that growing lack of confidence. “Those 50 and under are buying into the doom and gloom,” Kuderna says.
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