Even current recipients of Social Security may not fully grasp the state of the program as a whole.
While you may be familiar with the well-deserved payouts you receive for all the years you paid in, are you familiar with how many seniors rely substantially on Social Security?
Some reports say that while the program is meant to replace 40% of pre-retirement earnings, over a third of all men and women depend on this program for over half their retirement income. Many also lack substantial savings, pensions, and other ways to supplement their retirement income.
Whether your Social Security is 10% or 100% of your retirement income, one thing is for certain – you deserve the full value of everything you paid in. NORA fights hard for Social Security recipients. Learn about our cause here, and by following us on Facebook and Twitter.