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Don’t Rely Solely on Social Security
Many people fall in to the trap of relying totally and completely on Social Security in retirement. Social Security was never meant to be the sole source of income after retiring, it will take a solid retirement plan to keep up a standard of living using Social Security as an extra assurance. Social Security will make up less than half of your living expenses in retirement, it is important to have a solid plan and investment already in place. With fewer and fewer employers offering pension plans it is also important to know the most effective way to save for retirement. To learn more about this visit this article by Dee Lee with CBS Boston.