3 Reasons Your Future Social Security Benefit Will Disappoint You

Contributing sentiments towards policy:

59% : Depending on when you were born, Social Security is now between 66 and eight months and 67.
58% : And 65 used to be the full retirement age (FRA) for Social Security.
57% : If you want to maximize Social Security, you'll need to work for a long time, or perhaps live on savings for close to a decade of your retirement, depending on when you quit work for good.
56% : If you're looking forward to the day you'll collect Social Security, you aren't alone.
54% : Worse yet, studies have shown the optimum age to claim Social Security is age 70, as you're most likely to get the most lifetime benefits if you wait.
53% : Chances are good that you'll want to retire in your early 60s, or at least by 65 when you become eligible for Medicare.
48% : Social Security is not designed to replace that much, as it's supposed to complement other income sources, including a pension and savings.
47% : Since the COLAs that Social Security provides underestimate the inflation that actually hits retirees, benefits have lost 36% of their buying power since 2000.
44% : If you're assuming you can live on Social Security alone, or even come close to doing so, you're probably wrong.
38% : Benefits aren't keeping pace with inflationFinally, you could find yourself disappointed with Social Security because your benefits will end up being worth less during your retirement.

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