When Social Security payments form the backbone of your monthly budget — as they do for many retirees — it would be nice to accurately anticipate how much you'll get.
Unfortunately, that's just not the case. In a survey released Thursday from Nationwide Retirement Institute, 29 percent of retirees say their benefit ended up being less or much less than expected.
Consumers who had been retired for 10 years or more were more likely to say their benefit was lower than expected. The survey was conducted in February. Results were from 909 adults age 50 or older, roughly two-thirds retired.