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Retirees fear Social Security may not be there if they wait

Original: ‘If we wait, will it even be there?’ What I’m hearing from retirees about Social Security

American retirees are voicing anxiety that Social Security benefits could be reduced or depleted if they delay claiming them. The concern reflects ongoing worries about the program's long-term funding, with trust fund shortfalls projected in the coming decades unless Congress acts. Financial advisers say many older Americans are weighing whether to claim benefits early out of fear, despite advice that waiting usually increases lifetime payouts.

Why now: Anxiety over Social Security's funding outlook is prompting retirees to reconsider when to claim benefits.

Social SecurityAmerican retireesCongressYahoo Finance

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