SOCIAL SECURITY In 2020 about 65 million Americans will receive over one trillion dollars in Social Security Snapshot of a Month June 2020 Beneficiary Data Retired workers 458 million 694 ID: 826495
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Fact SheetSOCIAL SECURITY In 2020, ab
Fact SheetSOCIAL SECURITY In 2020, about 65 million Americans will receive over one trillion dollars in Social Security Snapshot of a Month: June 2020 Beneficiary DataRetired workers 45.8 million $69.4 billion $1,514 average monthly benefitdependents 3.1 million $2.4 billionDisabled workers 8.3 million $10.5 billion $1,259 average monthly benefitdependents 1.5 million27% of those without access to an employer-sponsored plan
said they have any retirement savingsIn
said they have any retirement savingsIn 1940, the life expectancy of a 65-year-old was almost 14 years; today it isjust overyears.By , thenumber of Americans 65 and older will increasefrom approximaty 56milliontoday tooverllion.There are currently workers for each Social Security beneficiary. By 20, there will be 2.coveredworkers for each beneficiary