1 in 5 Americans Are in for a Shocking Social Security Surprise
There is a very harsh reality about Social Security benefits that 20% or more of future retirees just don’t comprehend. In short, payments are more meager than people realize, replacing a scant 40% of pre-retirement income. Many Americans are overestimating the role Social Security will play in supporting them. Christy Bieber notes too many seniors rely too heavily on the program, and that could potentially leave retirees with too little money. Social Security can’t be the sole source of retirement income. Bieber’s full article is here.
The AMAC Foundation offers a free-to-the-public advisory service to all folks ageing into–or already in–Social Security. This service provides guidance in understanding the complexities of Social Security and the myriad rules and regulations associated with the process for claiming benefits, with NSSA-Certified Social Security Advisors available via email or telephone to discuss options. Learn more about this service via the Foundation’s website.