Some Social Security Facts

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

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