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Social Security Dependence Climbs
With 90% of America’s seniors reporting at least some level of dependence on Social Security for retirement living, The Motley Fool’s Dan Caplinger points out the importance of “today’s working-age Americans to budget wisely, save what they can, invest for the future, and ensure that Social Security remains, at most, a minor source of income during retirement.” His post offers conjecture on the likelihood of corrective measures to ward off an eventual cut in benefits, now projected to occur in 2034. Check his post out here…
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