By MONEYWATCH June 8, 2018, 6:00 AM
The Social Security system’s costs will exceed its income this year, the first time that has happened since 1982.
Plenty of workers may take this development with a grain of salt because of the widespread belief that they’ll never see a Social Security check in their lifetime. More than half of working Americans don’t think they’ll receive a benefit when they retire, according to a Gallup poll in 2015.