Fitting Social Security Into Your Retirement Financial Plan
Many folks are aware that Social Security, by design, will not completely cover their desired level of comfort in retirement. Its basic intent is to serve as a mechanism to keep seniors from falling into poverty, with the expectation that other sources of support will fill in around it. That other support would include, for example, personal savings or employer plan savings, income from investments, and so on. From a planning standpoint, it can get complicated, so the earlier one focuses on developing a plan the better off they’ll be. In a post on nasdaq.com, The Motley Fool’s Chuck Saletta provides thoughts on injecting realism into your retirement financial planning. Access his post here.