Will Social Security Be There for You? Most Think Not
Our polls of business leaders and the general public show most respondents in the state are not confident that Social Security will pay all the benefits due them during their entire retirement.
We asked that question and others about inflation, the Trump administration, insurance and more in surveys of local business leaders and members of the general public.
Twice each year, Anthology Research conducts two surveys for Hawaii Business Magazine: the BOSS Survey of local business owners and executives, and the 808 Poll of the Islands’ general population.
This time the BOSS Survey reached 341 business leaders from April 15 to June 30, and the 808 Poll 410 people from April 11 to April 30. Some of the results, along with the full methodology, were reported in the magazine’s August issue and online at hawaiibusiness.com. Here are the further results.
Each respondent in the BOSS Survey and currently employed respondents in the 808 Poll were asked:
HOW CONFIDENT ARE YOU THAT SOCIAL SECURITY WILL PAY ALL THE BENEFITS THAT ARE DUE TO YOU DURING YOUR ENTIRE RETIREMENT?
Among the general public, groups that are most worried are males, people age 18 to 34, those 65 and older, Native Hawaiians and the least affluent respondents.
Impact of Federal Decisions on Your Life
In both surveys, respondents were asked:
HAVE YOU OR YOUR FAMILY’S FINANCIAL OR EMPLOYMENT SITUATIONS BEEN AFFECTED BY ACTIONS TAKEN BY PRESIDENT DONALD TRUMP’S NEW ADMINISTRATION, INCLUDING THE DEPARTMENT OF GOVERNMENT EFFICIENCY, OR DOGE?
How Are You Dealing with Inflation and Higher Interest Rates?
In the BOSS Survey, business owners and executives were asked:
IF THEY TOOK ANY OF THE FOLLOWING ACTIONS TO PERSONALLY COPE WITH INFLATION AND HIGH INTEREST RATES.
Respondents could say yes to as many situations as applied to them personally.
Higher Cost of Home and Hurricane Insurance
Respondents in both surveys were asked about the:
PERSONAL IMPACT THAT THE HIGHER COST OF HOME AND HURRICANE INSURANCE HAS HAD ON THEM AND THEIR FAMILIES.
