Just because Social Security may exist when you start to draw benefits doesn’t mean it can be your exclusive retirement income source. How much you’ll spend during retirement will depend on a host of factors—the lifestyle you choose to maintain, how long you live, where you live, and many other things. Planning your needs is not an unmanageable task, but it requires an understanding of the different rules and circumstances that impact retirement costs.
An unlikely scenario
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Will Social Security Be Enough to Live On?
June 21, 2021