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Social Security Benefits–A Major Income Source for Retirees

That article headline is certainly no surprise, but did you know just how “major” it really is? This excerpt from a post by The Fiscal Times’ Yuval Rosenberg might help put it in perspective: “Almost six in 10 U.S. retirees surveyed by Gallup said they rely on Social Security as a “major source” of their income, a far higher percentage than work-sponsored pensions (35 percent) or 401(k)s and other retirement savings plans (27 percent). Another 33 percent of retirees called Social Security a minor source of income.” Learn more about this topic here…

 

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