Americans are saving more. Is it enough?
Social Security is but one pillar to a strong, secure retirement. But, it will replace only about 40% of pre-retirement income. From where will the rest come needed for one to be secure? The good news is overall retirement plan balances are up in 401(k)s and IRAs. Maurie Backman discusses the many facets of these two important savings vehicles. Read the full piece 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.