3 Reasons Social Security Shouldn't Be Your Only Retirement Income Source

Are you planning to rely on Social Security to cover your senior living expenses in full? If so, you're not alone. Many seniors routinely depend on those benefits to cover all of their bills, not realizing what a mistake that really is. Here are a few reasons why you absolutely need income outside of Social Security during retirement.

The amount of money you collect from Social Security may not be the same amount another recipient gets. That's because those monthly benefits hinge on factors like the amount of money you earn throughout your career and the age at which you file for benefits.

Image source: Getty Images.

Continue reading


Source Fool.com