Millennials need Social Security the most, but a recent Treasury report anticipates it will run out in 2034.

Should Millennials expect Social Security?

Try refreshing the page. What do Americans believe about Social Security? ... At the same time, over half of Millennials, 61%, agree or strongly agree that “Social Security on its own should be enough to help me live comfortably in retirement,” which is far, far more than the 41% of Gen Xers and 31% of Boomers and older.

What do Millennials think about Social Security?

To that point, about 23% of Gen Z and 26% of millennials actually believe there is little likelihood that they will be able to rely on Social Security to help fund their retirement. That's according to a Northwestern Mutual 2020 Planning & Progress study.