I'm Not Factoring in Social Security When Figuring Out My Retirement Goals. Here's Why
When you're figuring out your retirement savings goals, one of the key steps is to think about how much income you'll need in retirement and where it will come from.
For most people, retirement money comes from two sources: Social Security benefits and retirement investment accounts. When I set my savings target, though, I didn't factor in how much Social Security would pay me when calculating the future income I'll have available. In fact, my retirement goals are based on the idea that I'll be supporting myself entirely without any help from Uncle Sam. Here's why.
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Source Fool.com
