Worried About Money in Retirement? 3 Moves That Can Ease Your Concerns

Many people look forward to retirement but worry about what their finances will look like once their careers come to an end. If you're concerned about money in retirement, here are three essential moves to make.

Social Security may provide a substantial amount of retirement income for you. But it probably won't be nearly enough to live comfortably on.

If you're an average earner, you can expect your benefits to replace about 40% of your wages. Most seniors, however, need a good 70% to 80% of their former income to keep up with their bills, so having funds outside of Social Security could prevent a major financial crunch.

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Source Fool.com