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There may be a difference between what your Social Security benefits will be and reality
A recent Nationwide Retirement Institute online survey focusing on adults aged 50 and older who either already are receiving benefits or plan to found that half lean on Social Security as their primary source of income, with 42 percent of future retirees planning for the same reliance. The survey also found that current retirees were receiving an average of $1,257 per month, and that future retirees were expecting to receive substantially more per month. So, what’s the major disconnect between what the consumers think their Social Security benefit will be and the realities of retirement finances? The attached article by The Motley Fool’s Sean Williams examines this issue Check it out here…
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