Why Social Security Can't Be the Center of Your Retirement Income Plan
Relying too heavily on those benefits could hurt you.
Overview
I was talking to some friends the other day about juggling college and retirement savings, and one of them joked, "What retirement savings?" But as someone who writes about retirement for a living, I didn't find the joke all that funny.
The reality is that far too many people neglect their retirement savings and plan to fall back on Social Security instead. And while there's nothing wrong with factoring those benefits into a retirement income plan, they shouldn't be the focus of it.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
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