Social Security Report

How to make your retirement comfortable and secure - The Motley Fool

When Social Security was first enacted 85 years ago, it was designed to provide roughly 40 percent of your preretirement income. Currently, the average monthly Social Security benefit is $1,547 or about $18,500 per year, which means most of us will need to use our savings to supplement our Social Security income. If you don’t want to live on Social Security benefits only, you may want to consider the five steps outlined in Selena Maranjian’s article for the Motley Fool. Read Ms. Maranjian’s article here…

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