Almost half of Generation Z adults said they don’t expect to get any of the Social Security benefits they’ve earned, according to a survey. In a survey released Tuesday by the Nationwide Ret…
Almost half of Generation Z adults said they don’t expect to get any of the Social Security benefits they’ve earned, according to a survey.
In a survey released Tuesday by the Nationwide Retirement Institute, 45 percent of Gen Z adults between the ages of 18 to 26 said they expect to not “get a dime” of the benefits they have earned.
More older Americans also expressed concern that Social Security could run out of funding in their lifetimes, with 75 percent of respondents aged 50 and older sharing that concern in the survey, up 9 percent from roughly a decade ago.
The fate of Social Security drew significant attention around Capitol Hill earlier this year as Republicans and Democrats warred over how to tackle the nation’s climbing debt, which stands at more than $32 trillion.
Instead, 49 percent of respondents pushed for tax increases on higher earners to pay for the program.
The sample data is accurate to “within plus 3.0 percentage points using a 95 percent confidence level,” the survey notes.
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Almost half of Generation Z adults said they don’t expect to get any of the Social Security benefits they’ve earned, according to a survey.
In a survey released Tuesday by the Nationwide Retirement Institute, 45 percent of Gen Z adults between the ages of 18 to 26 said they expect to not “get a dime” of the benefits they have earned.
More older Americans also expressed concern that Social Security could run out of funding in their lifetimes, with 75 percent of respondents aged 50 and older sharing that concern in the survey, up 9 percent from roughly a decade ago.
The fate of Social Security drew significant attention around Capitol Hill earlier this year as Republicans and Democrats warred over how to tackle the nation’s climbing debt, which stands at more than $32 trillion.
Instead, 49 percent of respondents pushed for tax increases on higher earners to pay for the program.
The sample data is accurate to “within plus 3.0 percentage points using a 95 percent confidence level,” the survey notes.
The original article contains 462 words, the summary contains 172 words. Saved 63%. I’m a bot and I’m open source!