From Fool.com….
For tens of millions of Americans, there isn’t a program that bears more importance to their financial well-being than Social Security.
According to the Social Security Administration (SSA), 62% of current retirees lean on the program to account for at least half their monthly income. Additionally, more than 15 million retired workers are pulled out of poverty every month as a result of their guaranteed payout, based on an analysis from the Center on Budget and Policy Priorities.
