The Most Important Social Security Chart You'll Ever See

Are you banking on Social Security to care for you in your senior years? Here's the cold, hard truth: While Social Security does promise retirement income, it very likely won't be enough to support the lifestyle you want. The program simply wasn't designed that way. Social Security is, and always has been, a supplementary source of income that usually covers 30% to 50% of your lifestyle needs.

Despite this knowledge, too many Americans end up mostly dependent on their Social Security benefits. The culprit is a lack of savings. And that's understandable on some level -- it takes decades of disciplined saving and investing to amass a seven-figure nest egg, which is the minimum experts say you need to live comfortably after leaving the workforce.

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Source Fool.com