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Social Security Only Covers 40% of Your Salary -- Have You Planned for the Rest?


Most workers plan to use Social Security to help them cover their retirement expenses, but many don't realize the program was only intended to cover about 40% of the average worker's preretirement income. That leaves a lot for people to self-fund. 

It can be a daunting task, but the right savings strategy can make it a lot easier. Here's a closer look at how to prepare for what Social Security won't cover.

Image source: Getty Images.

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Source Fool.com


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