Three Reasons Social Security Is Vital To Your Retirement

We’ve all heard the warnings that Social Security’s reserves are running out. If nothing is done, its Trust Fund could be depleted in about 10 years. At that time the agency would have to cut benefits. This would cause huge problems for the millions of retired Americans relying on monthly Social Security checks.

Here are three reasons Social Security is so crucial in this country, according to Nasdaq.com:

• Half of current retirees count on Social Security for half of their income
• Social Security makes up 60% of the wealth for a typical household helmed by someone between 55 and 64
• Without Social Security, 20 million Americans would descend into poverty

The Seniors Trust firmly believes the Social Security Expansion Act is the solution. This landmark piece of legislation will extend Social Security solvency until 2096. Please show your support by signing our petition to Congress.