• In 2008, about 50 million Americans will receive
Social Security benefits—that’s roughly twice the number
of people who live in the cities of New York, Los Angeles, Chicago,
Houston, Philadelphia, Phoenix, San Antonio, San Diego and Dallas combined.
• The nation’s first baby-boomer begins collecting Social
Security retirement benefits in February 2008 … and over the
next 20 years another 78 million baby boomers will be eligible to apply
for benefits, too. That’s an average of more than 10,000
people applying for benefits every day!
• About 70 percent of private sector workers have no long-term
disability insurance—but nearly all workers and their families
have Social Security protection in the event of a long-term disability.
• The average monthly Social Security survivors insurance benefit
for a widow or widower with two dependent children is about $2,243
per month—which for most workers is more than the value of their
private life insurance.
If you find these facts interesting
and would like to know more about any aspect of the Social Security
programs, you can visit our Web site at www.socialsecurity.gov ![]()
