According to “Money on CNN Money.com” by Walter Updegrave “What you need to know about Social Security”, some interesting issues are addressed and some are more encouraging than the scuttlebutt we have been hearing from our uniformed highly opinionated sources.
Many of us worry about our 401ks and IRAs but what do you know about Social Security. It is the foundation for your retirement plans! In fact Social Security Money provides 50% of the income for more than half of retired couples and 20% for high income earners.
It is probably the only source of income that you will have able to offset inflation and be guaranteed to last the duration of your life.
(1) Can I count on Social Security to be there when I retire? According to “What You Need to Know about Social Security”, you can depend on it to be Continue reading ‘Social Security Money – Will it Be There For You? 5 Things You Should Know!’ »