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November 11, 2009 at 07:00 PM
Seventy-one percent of seniors believe their financial situation will be negatively impacted without an increase to their Social Security benefits next year, reveals a new poll from the Insured Retirement Institute (www.irionline.org).
The findings underscore the essential role Social Security plays in the lives of seniors across America. According to IRI, because 78 percent of the respondents were retired and out of the workforce, “they are more likely to be living on a fixed income, and are reliant on Social Security as a primary source of retirement income.”
