There's a reason so many retirees tend to struggle financially -- they don't set themselves up with enough income streams for their senior years. Many seniors end up turning to Social Security to provide the bulk of their income (or, in some cases, all of their income). But those benefits generally won't set the stage for a comfortable retirement when there's no other income around to supplement them.

A cash-strapped lifestyle is something I desperately want to avoid in retirement. That's why I've been prioritizing my nest egg for well over a decade, even though I'm nowhere close to retirement age.

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Source Fool.com