Social Security – a Key Element of Your Retirement Plan
Social Security was never designed, nor intended, to be a retiree’s sole source of income. The Social Security formula intentionally computes your benefit to be no more than 40% of your pre-retirement income. So even though you will need to have alternative sources of income to live comfortably in your “golden years,” for most people Social Security will still be a “major” income source. Which is why it is so important to carefully consider how Social Security will fit in your plan for a comfortable retirement. In this Edward Jones Investments article appearing in The Avery (NC) Journal-Times, contributor Richard Honeycutt offers guidance on understanding Social Security and recognizing that you will need income from other sources too. Click here to read more.
Also, if you’re unsure about your individual situation under Social Security or have questions about your personal benefit entitlements, note that the AMAC Foundation provides an independent free-to-the-public Social Security Advisory service to help Americans navigate the complexities of this program. Learn more about it 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; socialsecurityreport.org 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 socialsecurityreport.org.