Latest News

Millennials take note: Social Security will be there for you, but don’t make it your retirement foundation

Younger workers, so-called millennials and Generation X, are skeptical that Social Security will be there for them when it’s time for them to retire. That’s not surprising, with all the news these days about Social Security “going broke” (it’s not) or “going bankrupt” (it’s not). But in this Forbes article by personal finance contributor Kate Ashford, the author counsels younger workers than their retirement planning should recognize a new reality – that Social Security should be thought of as more of a minor piece of their retirement – sort of a retirement bonus – rather than the foundation of their retirement income stream. In other words, save and invest for retirement on your own, because while Social Security will still be there but it will look different than it is today. To read the Forbes article by Kate Ashford, click here.

Notice: The link provided above connects readers to the full content of the posted article. The URL (internet address) for this link is valid on the posted date; cannot guarantee the duration of the link’s validity. Also, the opinions expressed in these postings are the viewpoints of the original source and are not explicitly endorsed by AMAC, Inc.; the AMAC Foundation, Inc.; or

What's Your Opinion?

We welcome your comments. Join the discussion and let your voice be heard. All fields are required

Website by Geiger Computers