Americans’ confidence in social security has reached the lowest level since 2010: Survey
US Social Security Director Frank Vignano discusses the potential opportunities for fraud in the program, the incentives of a “big and beautiful bill” for winners, and efforts to avoid potential bankruptcy.
A new report by AARP discovered American confidence social security Young adults are declining as they are more skeptical of safety net programs than older adults.
AARP has announced a survey ahead of the upcoming 90th anniversary of Social Security. Confidence in Social Security It fell from 43% in 2020 to 36% in 2025 and fell to 35% in 2010, making it the lowest level.
Young American
Young Americans are even less confident in the program. Only 25% of respondents between the ages of 18 and 49 were confident in their future in Social Security, while 48% over 50 expressed confidence.
American retirees
It also turns out that retirees are more dependent on social security than they did 20 years ago. The stock reported a rise from 51% in 2005 to 65% from 51% in 2025. In contrast, the share of non-Social Security-independent retirees has largely changed over that time frame, rising from 10% to 13%.
Americans’ confidence in social security is the lowest in 15 years, according to a new report. (istock / istock)
Republicans, Democrats, Independence
AARP survey found that Republicans were 44% vs. 32% and 30%, respectively, than Democrats and independents, but historically, these levels of trust fluctuate based on. Party that controls the White House.
Furthermore, the survey found that around 80% of respondents were concerned about the availability of Social Security when they retire and need it.
Among those who say they are not confident about the future of Social Security, 31% say they don’t trust the government to keep its promises, while 27% think they’re running out of money.
Social Security bankruptcy could speed up with illegal immigration crackdown
Social Security’s main trust funds are facing bankruptcy within 10 years, causing automatic benefits cuts. (istock / istock)
“Over 69 million Americans rely on social security today, and we hope that by 2035 at least 13 million will depend on it as America ages,” says AARP CEO Myechia Minter-Jordan. “For 90 years, Social Security should have never missed a payment, and Americans should have confidence that they never would.”
The report comes after Social Security Council recently announced the discovery that Social Security’s main trust funds would be depleted in 2034. Profits will be automatically reduced 19% matches the incoming payroll tax receipt.
Click here to get your Fox business on the go
After the establishment of One big beautiful bill act (OBBBA), which could potentially arrive earlier, according to new estimates, including provisions that limit the tax liability of seniors through temporary, enhanced standard deductions.
The Nonpartisan Committee for Responsible Federal Budget (CRFB) predicted that the OBBBA regulations will advance bankruptcy dates in the second half of 2032. Resignation age At the beginning of 2033, it faces an automatic 24% profit reduction.