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About Supplementing Your Social Security Income - Yahoo! Finance

Social Security was never intended to be the sole source of income during retirement; rather, Social Security was developed to be a poverty-avoidance benefit. At most, Social Security will only replace about 40% of the average monthly income you were getting while you were working, hardly enough to pay for all of your expenses in retirement. It should come as no surprise, then, that Financial Planners will always suggest you develop a plan to supplement your Social Security income, and this Yahoo! Finance article by James Royal offers some methods to do that. Plans such as 401(k), IRS, annuities, and Heath Savings Accounts (HSAs) can all play a role in providing you with retirement income which makes your golden years comfortable. Click here to read more.

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