---
title: Will Social Security Be There for Me?
description: Two Social Security experts explain how your benefits could be affected.
authors:
  - name: tomvollkommer
    url: https://money.com/author/tomvollkommer/
    at_money_since: 2015
    articles: 18
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    former_staff: true
published: '2016-05-17T15:48:58.000Z'
modified: '2024-04-17T01:57:53.000Z'
section: Retirement
tags:
  - Benefits
  - filing
  - future of social security
  - Money
  - retirees
  - Retirement
  - Saving
  - Social Security
  - social security secrets
  - taking benefits
  - the new retirement
  - video
  - will it be there for me?
  - work longer
word_count: 171
canonical: https://money.com/future-social-security-be-there/
type: Article
source: structured-blocks
---

> **Disclosure:** We research all brands listed and may earn a fee from our partners. Research and financial considerations may influence how brands are displayed. Not all brands are included. [Learn more](https://money.com/page/disclaimer/).

![Screen Shot 2016-05-17 at 10.07.46 AM](https://img.money.com/2016/05/screen-shot-2016-05-17-at-10-07-46-am.png)

*In this series, “[Social Security Secrets](https://money.com/tag/social-security-secrets/),” experts Larry Kotlikoff and Phil Moeller explain the most important things you need to know about this valuable retirement benefit. Kotlikoff and Moeller are co-authors of the* New York Times *best-seller* [Get What’s Yours: The Secrets to Maxing Out Your Social Security](http://www.amazon.com/Get-Whats-Yours-Revised-Security/dp/1501144766/).

Will Social Security be there for future generations? Some say that the system is broken and that millennials shouldn't rely on Social Security to see them through their retirement. Others say that Social Security will be available, but it won't quite look like it does today. Right now, the government is paying out 100% of the benefits that were promised to current retirees. In a few years though, Social Security will be able to pay out only about 80% of the benefits promised, unless something is done to fix the system.

What does this mean for you? It means that you need to work longer than you maybe originally planned and you need to save as much as you can on your own.

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