Every senior should be able to rely on Social Security. However, this doesn’t mean you should count on living off just Social Security alone.
While this program should be able to pay retirees back in full, it was never designed to be a complete retirement solution. It should be supplemented by other sources of income like pensions, IRAs, and more.
As this expert said, “it’s one leg of the stool.” That said, if this program is paying out what it should, it would be less for seniors to worry about. Even if the program is only meant to cover about 40 percent of retirement needs, it’s possible for savvy seniors to make this money go even further. With the right approach, you can use it to cover half or even more of your retirement costs.
What do you think about living off just Social Security? Is it possible? Should it be easier? Share your thoughts.
Help The Seniors Center Protect the Future of Social Security
The Seniors Center is committed to finding solutions to strengthen and protect the Social Security Trust Fund. Social Security is a contract between citizens and the government. Money deposited in the Trust Fund should only be used to pay benefits to eligible recipients.
The Seniors Center is demanding Congress finally put a stop to the careless borrowing and spending by greedy politicians that has put our Trust Fund and our secure retirement in jeopardy.
At The Seniors Center, our goal is to help seniors, and we’re doing that by protecting the future of Social Security. Retirees shouldn’t have to worry about losing their hard-earned benefits to taxes or the agendas of greedy politicians. If you agree, we invite you to sign our petition today! And follow The Seniors Center on Twitter and Facebook for more updates!