Why Young Americans Shouldn't Count on Social Security

The Social Security Administration proudly boasts that Ida May Fuller was the first American to receive benefits from this program. During Ms. Fuller's working lifetime, she contributed a total of $24.75 into the program. She would go on to live another 35 years and collected $22,888.92. That's a return of more than 924 times.

Gen Z and millennials face a much different scenario.