We're 1 Month Away From a Huge Social Security Announcement
Many seniors today rely heavily on Social Security to make ends meet. And that's not necessarily a great thing.
The problem with Social Security is that there's a lot of misinformation surrounding it. And one common myth is that benefits are designed to replace workers' pre-retirement paychecks in full.
In reality, for the average earner, Social Security will replace about 40% of pre-retirement earnings. And most seniors need roughly twice that sum to live comfortably.
Source Fool.com
