Image courtesy AARP

A new AARP report released ahead of Social Security’s 90th anniversary shows growing concern about the program’s future. Only 36% of Americans are confident Social Security will be there for them, down from 43% in 2020—the lowest level since 2010. Confidence is especially low among younger adults, with just 25% of those ages 18-49 expressing faith in the program, compared to 48% of those 50 and older.

Despite concerns, 96% of Americans say Social Security is important, including 98% of Democrats, 95% of Republicans, and 93% of Independents. Two-thirds believe it’s more important for retirees now than five years ago.

In Kansas, nearly 589,000 people receive Social Security. Among residents 65 and older, 42% rely on it for at least half their income, and 16% depend on it for 90% or more.

Nationwide, 65% of retirees say they rely heavily on Social Security. Most (78%) worry benefits won’t be enough. Additionally, 62% think the average monthly payment of $2,000 is too low. Without congressional action, benefits could be cut by 2034.