3 Great Sources of Retirement Income That Aren't Social Security
Millions of seniors look to Social Security as an important source of retirement income. But while it's OK for Social Security to be one of several sources of income at that stage of life, it certainly should not be your only one.
If you earn an average wage, you can expect the monthly benefit you get from Social Security to replace about 40% of your preretirement earnings. So unless you want to subject yourself to a 60% pay cut in retirement, you'll need outside income. Here are a few options to explore in that regard.
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Source Fool.com