From the time we enter adulthood all the way to retirement, life is about budgeting.

Profits and losses, spending and saving, interest and fees — it’s all like a lifelong game of monopoly where you’re trying to achieve the highest score possible.

Even in retirement, the financial grind continues. While retirees who are on Social Security may think that because they’ve paid in faithfully year after year, decade after decade, they should be done worrying about money, we now know that’s not the case.

Here at NORA, we’ve discussed the consensus on Social Security in the past, but today we’ll dive deep into why Americans are worried about this program’s future and how it will impact their own.

Bleak Economic Outlooks and Political Inaction Has People Worried

There are two primary reasons why Americans are concerned that Social Security will be bankrupt. The first deals with the current economic problems the country faces.

With more economic woes predicted in the near future, compounding with decades of built-up budget problems, it’s a time when people should be ready to buckle down. Add in the growing issue of inflation and the lingering damage of the pandemic, and many people both currently in retirement and approaching it are worried.

The second issue surrounding Social Security skepticism is the inaction of legislators throughout the decades. It’s been known that this program has been budgeted poorly for some time now, yet lawmakers continue to stall on effective ways to fix it in the long-term future.

What’s the solution? The only way to make sure Social Security gets the attention it deserves is to make our voices heard. When seniors and even those who are years away from retirement get passionate about this cause, those in power will have no choice but to do the right thing — the fair thing — and ensure America’s retirees are supported today, tomorrow, and decades in the future.

NORA fights for seniors to get fair yearly COLAs, and we won’t stop until our goal is achieved. If you’d like to help, sign our petition and follow us on Facebook and Twitter.