How to Make More Retirement Income Beyond Social Security
Social Security is a guaranteed income source that can help you pay for expenses in retirement. The percentage of your income that this benefit will replace depends on how much you made while you were working.
But for the average wage earner, it will replace about 40% of their pre-retirement income. The type of life you live after you've stopped working will greatly depend on how much you can replace the other 60%.
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Source Fool.com
