Millions of seniors today receive ongoing benefits from Social Security. In fact, the average benefit as of early 2023 is $1,827 a month. That's not a small amount of money.

But while it's perfectly OK to factor Social Security in as a notable source of retirement income, you may want to think twice about having it serve as your main source. In a recent Transamerica survey, 24% of workers said they expect Social Security to be their primary retirement income source. And those who feel that way could be setting themselves up for disaster.

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Source Fool.com