What Younger Generations Need To Know About Social Security, Medicare

Young adults in the U.S. have been skeptical about Social Security at least since the days when I was one of them. Today’s younger generations are no different, and that’s affecting their retirement planning.

About 47% of non-retirees believe Social Security won’t pay them any retirement benefits, according to a 2023 Gallup survey reported in The Wall Street Journal. That number’s been consistent for the 30 or so years that Gallup’s asked the question.