Economy

Half of Workers Expect to Rely on Social Security Benefits in Retirement: Bankrate

Most U.S. workers fear Social Security benefits will be unavailable to them upon retirement.
Half of Workers Expect to Rely on Social Security Benefits in Retirement: Bankrate
A Social Security card sits alongside checks from the U.S. Treasury in Washington on Oct. 14, 2021. Kevin Dietsch/Getty Images
Andrew Moran
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A new Bankrate survey has found that many of today’s workers expect to rely on Social Security benefits, but most are concerned that they will not receive monthly checks upon retirement.

According to the study, 53 percent of Americans who have not retired anticipate depending on these retirement benefits to pay for their living expenses once they leave the workforce.
Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."