Millennials have grown up hearing that Social Security will be nonexistent by the time they retire. In reality, the issue is that the typical Social Security payment will not be enough to cover the cost of healthcare for most of the middle-class. Healthcare expenses are predicted to rise five to six percent per year, but Social Security cost-of-living increases are only estimated to rise two percent per year. In just twenty years, healthcare costs will be equivalent to 127% of a Social Security check. Long-term healthcare costs are not factored into these calculations, and this is not covered by Medicare. If healthcare expenses are taken into consideration in retirement spending plans, the dependency on Social Security will not be a concern.