- An estimated 164 million workers, 96% of all workers, are covered
under Social Security.
- 52% of the workforce has no private pension coverage.
- 31% of the workforce has no savings set aside specifically for retirement.
In 1935, the life expectancy of a 65-year-old was 12½ years,
today it's 18 years.
By 2034, there will be almost twice as many older Americans
as today -- from 38.6 million today to 74 million.
There are currently 3.3 workers for each Social Security
beneficiary. By 2034, there will be 2.1 workers for each beneficiary.
SSA Press Office 440 Altmeyer
Bldg. 6401 Security Blvd. Baltimore, MD 21235
410-965-8904 FAX 410-966-9973