Nearly 3 in 4 Americans Worried They May Not Get Promised Social Security Payments

Because social security makes up a significant portion of many retirees’ income, any reduction in payments can put them in immediate financial distress.

A Social Security card sits alongside checks from the U.S. Treasury in Washington on Oct. 14, 2021. Kevin Dietsch/Getty Images

The vast majority of U.S. citizens are concerned about their future Social Security receipts, with such anxieties popping up amid the projected depletion of Social Security funds over the next decade.

“More than half (53 percent) of Americans who haven’t retired yet say they expect to rely on Social Security benefits to pay their necessary expenses once they retire,” a Nov. 21 survey from Bankrate states.