Recently, AARP Georgia hosted a Financial Forum featuring several elected officials, with over 200 people in attendance. The event kicked off with State Senator Charlie Bethel discussing the importance of financial security and saving for retirement and his related work at the state level. This was followed by an overview of AARP’s Take A Stand campaign, offered by June Lyle, AARP Regional Vice President. Finally, U.S. Senator Johnny Isakson and U.S. Representative Tom Price then talked in-depth about challenges to Social Security and proposals for solvency. Several AARP Georgia volunteers supported the event by working at the registration table, serving as event/hosts, and coordinating comment cards. This event served to highlight the need for action to ensure that Social Security remains strong for future generations. Nearly 4.8 million Georgians are working hard and paying into Social Security. If our nation's leaders don't act, future retirees could lose up to $10,000 a year. The event provided attendees an opportunity to hear from our elected leaders about their commitment to update this important program.
Nearly 4.8 million Georgians are working hard and paying into Social Security. But the program is out of date. If our nation’s leaders don’t act, future retirees could lose up to $10,000 a year.
Over 50% of those 65+ in the US rely on Social Security for most of their family income. Though America has evolved over the last 80 years, Social Security has not. With no change to current policy and spending, Social Security can only continue to pay out full benefits until 2034.
Social Security is becoming even more important in Georgia and throughout the country. Over 1.6 million Georgians receive Social Security benefits and these benefits serve as the only source of income for one in three Georgians age 65 and older. If our leaders don’t act, future retirees could lose up to $10,000 a year. That is why AARP has been asking the Presidential candidates and elected officials to Take a Stand and share their plans to make Social Security financially sound for future generations.
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