PensionBee Sounds Alarm on Six-Figure Social Security Shortfall

The 2026 Social Security Shortfall Index finds new insolvency timeline leaves Americans retiring in 2032 with a $137,280 gap to fill KEY FINDINGS: Future retirees face an automatic 22% cut to monthly Social Security checks in just six years unless Congress actsFor an illustrative $2,080 monthly benefit, a 22% cut in 2032 will cost retirees $458 per month ($5,491 annually)Workers must accumulate an additional $137,280 in personal savings before retirement to maintain their planned standard of liv