April 5, 2019

Don’t Waste Your Money & Time Doing These 35 Retirement Mistakes

8. Relying Only on Social Security Benefits

Social Security can provide some financial security, but you shouldn’t rely only on your Social Security checks to fund your retirement. Social Security benefits represent about 39 percent of elderly people’s income, according to the Social Security Administration. Trying to retire only on Social Security has a lot of hidden costs and risks.

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