How Much Do Retirees Really Depend on Social Security? Far Less Than You’d Think.
“How much do Americans really rely on Social Security to get by in retirement. You can hear different numbers, some of which are truly scary. Writing for Marketwatch, Alicia Munnell of Boston College and the Center for Retirement Research cites a study that she hopes ‘will put the statistical debate to rest.’ Sadly, I don’t see any rest for the weary on this issue. But looking at one additional study which uses the best data available could finally settle the question.”