Millennials, Gen X and Gen Z say the system needs reform, an exclusive Newsweek poll found, amid fears the benefits won’t exist when they come to retire
Younger generations in the U.S., including millennials and Gen Zers, are much more likely to believe that the Social Security system needs reforming than those in their 60s and 70s, according to a recent survey conducted by Redfield & Wilton Strategies on behalf of Newsweek.
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Some 40 percent of respondents said they believe that the Social Security program currently pays out more to retirees than it is receiving in Social Security tax payments, while 26 percent disagreed with this statement.
Gen Zers (ages 18-26), millennials (ages 27-42) and Gen Xers (ages 43-58) were more likely than boomers (59 and older) to think that Social Security should be reformed.
If you are under 40 social security won’t exist by the time you retire. Guaranteed.
That’s defeatist. Of course if you give up fighting, then it won’t be around.
Only because we keep letting it die
And yet
Fixing it should we quite doable, if politicians look ahead. However the longer we wait, the bigger impact from adjustments, and we all know the reality of politics.
If you’re under 40, I agree that you need to focus on retirement savings, since that’s the only part you can control
Just put all your money in a 401K. Do your fiscal duty and grovel at The Shrine of Captialism, peasant. You’re lucky you’re allowed to live and serve.
Bold of you to assume we will live to retirement age.
That is by no means guaranteed. That is Republican propaganda. If you let them get their way, that is what will guarantee it.