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Retirees are exceedingly worried about their Social Security. It’s translating to early filing for social security benefits

According to , 276,000 more people have filed for Social Security benefits so far this fiscal year鈥攁 13% increase from last year.

Ursula Reutin, co-host of “The Gee and Ursula Show” on 成人X站 Newsradio, said the spike in claims is being driven by 鈥渇ear.鈥�

“There is a lot of uncertainty, and unfortunately, I will say unfortunately for most who are taking it earlier than expected, that that wasn’t the overall strategy when you were figuring out your retirement,” she shared.

Social Security system on track to get nearly 4 million claims for 2025

According to The New York Times, citing The Urban Institute, the Social Security system is on track to get nearly four million claims for 2025, which is five times the average increase of 3% annually over the past 12 years. Officials called the spike “dramatic” and cited anxiety as a contributing factor.

“There’s chaos,” co-host Gee Scott said. “Our text line is telling us a lot of people have gone to take their money early because they are afraid they weren’t going to get it, even though they knew and know that they would get less if they draw on that money earlier, but they didn’t want to take any chances.”

Gee wishes more people had access to financial advisors.

“The part that breaks my heart are the many Americans in this country who do not have someone to help them along through this process. They got scared, they got nervous, and some of them either sold their shares of stock or they drew early on their social security,” he said.

Listen to the full conversation below.

Listen to Gee and Ursula on聽鈥淭he Gee and Ursula Show鈥�聽weekday mornings from 9 am to 12 pm on 成人X站 Newsradio.聽