Want Retirement Income That Doubles Your Social Security? Here's How
In 2022, the average Social Security benefit will total $1,657 each month. Since this won't provide enough income for most people to live on it, supplementing your retirement benefits with income from savings is essential.
Social Security benefits are designed to replace about 40% of pre-retirement income, when around 80% is what you'll likely need.
So, bringing in a total household income that doubles your Social Security should leave you in pretty good shape. But how can you make that happen? Here are the steps you'll need to take.
Source Fool.com
