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#social-security #retirement-planning #investment-ladders #financial-advisors #savings-strategies #freelancing
from24/7 Wall St.
3 hours ago

12 to 15 Percent of Retirees Overly Rely on Social Security; Here's The Problem With That

The Social Security Administration reports that among beneficiaries ages 65 and older, 12% of men and 15% of women rely on their monthly checks for 90% or more of their income. But that's a problem. See, you can expect Social Security to replace about 40% of your pre-retirement income if two things hold true - that you're an average earner, and that benefits aren't broadly cut in the future. Most retirees, however, need more like 70% to 80% of their former income to maintain a comfortable lifestyle.
US politics
Retirement
from24/7 Wall St.
7 months ago

Here's the Problem With Getting Most of Your Retirement Income From Social Security

Social Security replaces a limited portion of pre-retirement income, necessitating additional savings for a comfortable retirement.
Growth hacking
fromForbes
7 months ago

5 Side Hustles That Can Replace Your $50,000 Salary Within A Year

Freelancing can potentially replace a $50,000 salary within a year with dedication and a solid idea.
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