3 Ways Social Security Can Save Your Retirement When You Haven't Saved Enough
There's no single retirement savings number that guarantees you'll have enough money to pay all of your bills. But as a general rule, it's a good idea to retire having banked 10 times your ending career salary. Now there's wiggle room with that number, such as if you plan to downgrade your lifestyle or hold down a part-time job as a senior. But either way, you do need a healthy level of savings to retire with confidence.
But what if you're approaching your senior years and you're lacking in the savings department without much time to catch up? The good news is that Social Security may be able to bail you out. Here's how.
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Source Fool.com
