Relying on Social Security to Cover Your Retirement Expenses? Here's Why You Probably Shouldn't
Since President Franklin D. Roosevelt signed the Social Security Bill into law, it has proven to be one of America's most important social programs. After decades of paying Social Security taxes, retirees get to reap the benefits of their long-term contributions with guaranteed income.
There are many great things about Social Security, including the tens of millions of people it financially benefits. However, despite its advantages, there is one major drawback: It won't be enough to cover many people's retirement expenses. Let's take a look at why that might be the case.
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Source Fool.com
