It will become slightly harder to qualify for Social Security benefits in retirement next year amid a change related to the value of a work "credit."

American are worried about how they can afford to live in retirement. Trump alludes to a Social Security plan that could reduce by benefits by 1/3.

When the trust funds run out, Social Security's remaining income sources will only be enough to cover around 83% of future benefits, according to the report. In other words, beneficiaries could see their checks reduced by around 17%, assuming lawmakers don't find a solution before 2035.