High Earners Not Taking Retirement Seriously Enough - AMAC & Yahoo Finance

High-earning households should understand that Social Security will replace a smaller share of pre-retirement income. That’s the nature of the progressivity built into the program, which has always been at its core, an anti-poverty program. Brian O’Connor states in this piece that higher-income households are more likely to overestimate their retirement readiness, and he cites new analysis from the Center for Retirement Research at Boston College. The article is filled with tips and strategies for higher earners. Full piece here.

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