Got my annual Social Security statement last week, and paid more attention than in years past. Here is a series of inforgraphics from Face The Facts USA on who pays, who gets, and what would happen without out, Social Security Benefits:
First, we all know that the number of people paying has dwindled relative to the number of recipients.
Next, almost 1/6th of our population receive benefits. 25% of recipients rely on Social Security for >90% of income. 66% for >50% 0f income.
Finally, Social Security benefits keep 35% of seniors from living in poverty.
Posted by Philip Emmanuele, October 2012