How Retired Americans Rely on Social Security Income

Social Security is becoming the last source of secured life-long income for many American retirees. Around 59 million US citizens were getting their retirement pension, disability or survivors’ benefits from this social welfare program. Yet countless seniors and families have difficulties paying out their monthly bills from payments they receive from Social Security Administration. Here’s how retired Americans rely on Social Security income. See also the Evolution of Retirement and Personal Finance Statistics That’ll Shock You.