One Big Reason Social Security Alone Isn't Enough Without Retirement Savings
Over one-third of current workers today believe Social Security will be a major source of income during retirement. Unfortunately, those who believe their primary income will come from this benefits program could be setting themselves up for financial disaster.
In fact, according to a recent study from the National Institute on Retirement Security (NIRS), households that get the majority of their income from Social Security are much more likely to be poor than those who have ample additional income to supplement it.
Image source: Getty Images.
Source Fool.com
