3 Stocks That Can Pay You More Than Social Security Benefits

Social Security benefits are a major source of income for millions of retirees. In fact, nearly nine in 10 Americans say their benefits will make up at least a portion of their income in retirement, according to a poll from Gallup.

However, the average retiree only receives around $1,500 per month from Social Security, data from the Social Security Administration shows. For many retirees, benefits alone won't be enough to pay the bills.

To supplement your Social Security benefits, you may choose to invest in stocks. Investing in the stock market is one of the most effective ways to build a strong nest egg, but there are some stocks that can also provide passive income in retirement. And if you invest enough money in the right stocks, these investments could pay you even more than Social Security benefits.

Source Fool.com