The Number of Retirees Filing for Social Security Is Surging Under President Donald Trump -- and It's an Ominous Warning
A record number of retired workers have filed for Social Security benefits during the first five months of the year.
Social Security represents more than just a monthly check for most retired Americans. It's a financial foundation that many, admittedly, would struggle to live without.
In each of the previous 23 years, Gallup surveyed retirees to gauge how important their Social Security income is to making ends meet. Consistently, between eight and nine out of 10 retirees have noted this income is needed, in some capacity, to cover their expenses. In other words, getting as much as possible out of Social Security isn't a luxury -- it's practically a necessity for America's aging workforce.
But ever since President Donald Trump took office for his nonconsecutive second term, we've witnessed an abrupt shift in Social Security claiming habits for retirees -- and it's nothing short of an ominous warning for the program, as well as those jumping at the opportunity to collect their benefit.
