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Social Security Advice: One Key Takeaway for All Retirees
Millions of older adults rely heavily on Social Security in retirement. Around 60% of current retirees say their benefits are a major source of income, according to a 2024 Gallup poll, while an additional 28% say it's a minor income source.While there's no harm in relying on Social Security to some extent, if I could give all Americans one piece of advice about Social Security, it's this: Have a backup plan.Image source: Getty Images.Continue reading
Millions of older adults rely heavily on Social Security in retirement. Around 60% of current retirees say their benefits are a major source of income, according to a 2024 Gallup poll, while an additional 28% say it's a minor income source.
While there's no harm in relying on Social Security to some extent, if I could give all Americans one piece of advice about Social Security, it's this: Have a backup plan.
Image source: Getty Images.
