Behind on Retirement Savings? 3 Strategies for 2022
You'll often hear that Social Security won't pay you enough money to live comfortably in retirement. And there's a lot of truth to that.
If you're an average earner, you can expect your monthly benefits to replace about 40% of your paycheck. But chances are, you'll want or need more income than that to maintain a decent standard of living, and that's where personal savings come in. If you're behind in that area, here are a few strategies to employ in the new year.
Image source: Getty Images.
Source Fool.com