En español | Far from it. While retirees account for about 71 percent of the people receiving Social Security benefits, Social Security also makes payments to:
- About 3.1 million spouses, former spouses and dependent children of retirees.
- Nearly 5.9 million widows and widowers, former spouses, children and (occasionally) parents of wage earners who have died.
- Disabled persons of all ages and their spouses and children. Social Security Disability Insurance (SSDI) goes to about 8.3 million disabled workers and 1.5 million members of their families.
Here are a few more key Social Security stats as of August 2020:
- 64.7 million people are drawing retirement, disability, family or survivor benefits from Social Security, totaling $90.4 billion a month.
- 6.2 percent of those beneficiaries are children. Social Security pays more benefits to children than any other program of the federal government.
- More than 8 million people are receiving Supplemental Security Income (SSI), cash assistance to low-income people who are over 65, blind or disabled. SSI is administered but not paid for by the Social Security Administration.
Updated September 14, 2020