Beyond Soc. Security & Toward Real Retirement Security
the Social Security Act of 1935 was signed into law by President Franklin D. Roosevelt, only six percent
of Americans were over the age of 65, meaning only 7.8 million people were old enough to receive benefits from the new program. Today, 16% of Americans are over 65, meaning 54 million
Americans are eligible to collect benefits, seven times as many as when the program began.
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