Social Security: Almost Half of Americans Don't Know This Key Fact

There are different income sources you might have at your disposal during retirement. These could include withdrawals from an IRA or 401(k), pension payments, and earnings from a part-time job.

But chances are, Social Security will be an essential income source once your time in the workforce comes to an end. So it's important to understand how much income those benefits will provide.

Unfortunately, many people are led to believe that Social Security will pay them enough money to replace their paychecks in full. And that's a misconception that could leave many retirees cash-strapped.

Continue reading

Source Fool.com