What’s driving seniors to claim Social Security earlier than expected?

Many factors play a role. There’s a person’s financial status and savings. Their job and health also play a role. Family is involved in the discussion as well. But another issue is also a big part of this decision – fear.

How does fear impact a senior’s decision to claim their benefits? As explained here, some seniors worry about Social Security’s future. It’s a real concern, and some are so focused on it that it’s causing them to claim early.

Fears about getting it before it’s gone are very real. Are these worries warranted? Insolvency is predicted within a decade. But this could be causing seniors to miss out on money even sooner.

Together, we can ensure Social Security is there in full for everyone who has paid in. Help us campaign for fair yearly Cost-of-Living Adjustments (COLAs)! Sign our petition here – then follow us on Facebook and Twitter.