Shy on Retirement Savings? Social Security Can Help - Motley Fool
Save, save, save for retirement is pretty much what every financial advisor will counsel you, because Social Security was never intended to be your sole source of income when you retire. But life has a way of interfering with that, because putting food on the table, paying your rent, and caring for your children’s needs will be a priority for everyone. And what that means is that many Americans still approach retirement with few, if any, savings to supplement what they’ll get when they claim Social Security. How to deal with that potential reality? Well, as this Motley Fool article by Maurie Backman explains, delaying your claim for Social Security benefits can mean some pretty significant extra cash every month to offset your lack of savings. Click here to read more.