Results: Social Security or Fading Security
Published on 06/20/2025
Though it may seem that Social Security has been around forever, it was actually signed into law on August 14, 1935. It was part of President Franklin D. Roosevelt's New Deal designed to help those facing economic hardship. Source: allworthfinancial.com

QUESTIONS
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Comments
1.
1.
That simple step expanded to over 60 different strategies for couples to apply for Social Security. Let's not forget the expertise required to blend it in with a person's other income in a tax-advantageous way. Here are some fun facts about Social Security that may be new to you. Your nine digit number is actually a code that contains information about where and when it was issued. The first three numbers are the area number. The next two are the group numbers and the last four are the serial numbers. Did you just mentally picture your Social Security number in your head?

Yes
36%
766 votes
No
30%
636 votes
Not telling
6%
133 votes
Not Applicable
27%
576 votes
2.
2.
The first Social Security recipient was a retired legal secretary from Vermont. On January 31, 1940, Ms. Ida May Fuller received a check for $22.54. Her nine digit number was 001-01-0001. She received monthly benefits until she passed in 1975. Were you aware of Ms. Fuller prior to the survey?

Yes
9%
181 votes
No
75%
1574 votes
Unsure
17%
358 votes
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3.
Initially, Social Security excluded some professions such as farmworkers, domestic workers and government employees. Those exclusions have been amended to make the program more inclusive. However, the question most currently asked is, "Will Social Security be around when it's my turn?" If you're age 62-115 or eligible for other reasons, are you receiving these benefits?

Yes
34%
724 votes
No
20%
410 votes
Not Applicable
46%
970 votes
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4.
If you're 40-61 years old, do you feel Social Security will be there to supplement your income? Love to hear your thoughts on it too.

Yes
13%
283 votes
No
15%
311 votes
Undecided
15%
307 votes
Not Applicable
58%
1209 votes
5.
5.
If you're age 39 and younger, Social Security and retirement might sound eons away. Realistically speaking, they are far away but you look up one day and there they are! Do you feel Social Security will be a viable option to supplement your savings and income?

Yes
13%
268 votes
No
12%
261 votes
Undecided
13%
277 votes
Not Applicable
62%
1302 votes
COMMENTS