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Saving for a Sustainable Retirement
It is important to take all information freely given by companies with a grain of salt. Even advice regarding retirement savings is not safe from this advice. Most information regarding retirement savings is given out by investing firms and retirement consultants, and just like any other business their number one concern is to make money. Many firms will finance their own research and reports and carefully select the parameters in order to reach a conclusion that is in their best interest as a business, an answer that will lead you to give them your money. It is best to diversify where you get your information, making sure to prioritize third parties and unbiased sources. Many times you can get this information straight from the source, such as the Social Security Administration in regards to retirement information and statistics. For more information visit this article by Andrew Biggs with Forbes.
This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.