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Why Relying Too Much on Social Security is a Problem
The Motley Fool’s Christy Bieber, in a post on morganton.com, provides an analysis of two important averages that those saving for retirement need to understand: the average Social Security benefit, and the average household expenditures. The difference between the two averages points to a shortfall that will deplete other resources, making it important that those preparing for retirement have adequate plans for making up the difference.
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