There are a lot of questions surrounding Google Reader’s retirement coming July 1, 2013.
In my post, Q&A: Google Reader Alternatives? I mentioned my plan to move to Feedly, which I have now done. I still reserve the right to move again if something better comes along, but so far, so good.
The answer is, yes. Here’s a post on the Feedly blog from March 14, 2013 (emphasis mine):
Google announced today that they will be shutting down Google Reader. This is something we have been expecting for some time: We have been working on a project called Normandy which is a feedly clone of the Google Reader API – running on Google App Engine. When Google Reader shuts down, feedly will seamlessly transition to the Normandy back end. So if you are a Google Reader user and using feedly, you are covered: the transition will be seamless.
So, if you use Feedly, you don’t have to worry. All will be well even after Google Reader goes away.
(Shout-out to Lorene who jumped in the comments too!)