Here's One Silver Lining to Retiring on Social Security Alone
Some seniors are forced to retire on Social Security alone in the absence of having savings. And it's fair to assume that people in that boat are likely to struggle financially, to some degree.
If you earn an average wage, you can expect Social Security to replace about 40% of your pre-retirement salary. This assumes that benefits are not cut in the future, though, which might happen if Social Security's trust funds run out of money.
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Source Fool.com
