44% of Americans Think Social Security Won't Be There When They Need It. Are They Right?

Millions of seniors today regard Social Security as an important source of income. It's not surprising, then, to learn that 44% of Americans don't think Social Security will be there for them when it's time to claim benefits, according to Northwestern Mutual's 2022 Planning & Progress Study. It's absolutely true that Social Security recipients may be looking at benefits cuts in a little over 10 years if the program doesn't find a way to shore up its finances.