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Social Security turns 90 this year and Americans are leaning on it more than ever
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A new AARP survey shows 65 percent of retirees now depend heavily on their monthly checks
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That's up from 58 percent in 2010. What could be driving it? A huge wave of baby boomers hit
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retirement age. In 2024, the largest boomer age group qualified for benefits. It's being called
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Peak 65, with more than 4.1 million Americans turning 65 every year through 2027
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At the same time, confidence in the system is dropping. Only 36 percent of people think Social Security will be there for them
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Younger adults are the most skeptical. Just 25 percent of those ages 18 to 49 think they'll get benefits someday
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compared to 48 percent of people 50 and older. Financially, the clock is ticking
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A government report says that by 2034, the program may only be able to pay 81 percent of promised benefits unless Congress steps in
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Still, despite the concerns, support remains strong across party lines. 96 percent say Social Security matters, no matter who they vote for
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And by 2035, more than 82 million Americans are expected to rely on it
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Find the full story right now on SAN.com or on the Straight Hour News mobile app
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For Straight Hour News, I'm Kaylee Carey