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Americans Are Gambling with Their Retirement—and the Odds Are Terrifying

America is on the brink of a retirement crisis, and most people don’t even realize it. A staggering 3 in 10 Americans are relying on Social Security as their primary source of income in retirement, despite looming threats of massive benefit cuts that could hit in just a few years.

According to a new poll, 31% of Americans have NO retirement savings whatsoever, leaving them at the mercy of a system that could be bankrupt by 2035. And if that happens, the 17% cut in Social Security benefits will be devastating, slashing the already meager monthly checks of millions of retirees.

Imagine trying to survive on less than $23,000 a year—this is the grim reality for millions of Americans who think Social Security alone will sustain them. And younger generations are even more at risk, with nearly half of Gen Z and Millennials naively banking on a broken system that may not even be there when they retire. Read More. 

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Trump Claims Inflation Has Cost Households $28,000 Under Biden and Harris—Is It True?

Former President Donald Trump has repeatedly claimed that inflation under President Biden and Vice President Harris has cost the average American household $28,000. While this figure is largely supported by data from Republicans on the Joint Economic Committee, it lacks important context. Inflation has undeniably increased household costs, but economists point out that incomes have also risen.

In fact, many Americans have seen net financial gains, with some estimates showing that household earnings have increased more than inflation-driven costs. While prices have surged, incomes have grown enough to offset some of these increases for many families. Read Now.