Younger generations have written off Social Security as a means of funding their retirement, but those 65 and older continue to rely on it as a major share of their retirement income.

That's according to the Employee Benefit Research Institute's 2013 Retirement Confidence Survey, which found that 77 percent of workers today are less likely to expect Social Security income in retirement than today's retirees are to report having this income (93 percent).

EBRI also found that those surveyed are half as likely to expect Social Security to be a major share of their income in retirement (33 percent) as today's retirees are to say that Social Security is a major share of their income (70 percent).

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