The ThirdAge Retirement Troubleshooter |
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Social Security will still be around
Yes it probably will be--so what? Jeff Fleming states Social Security can contribute very little to your retirement wages. "We only contribute based on up to $62,500 income. If you're earning more than that now, you'll receive proportionately less Social Security benefits." The bottom line: very few people ever feel it's enough, but an awful lot of people want and need more than Social Security can provide.
Stop kidding yourself. Now is a great time to sit down with a financial planner and see how prepared you are or aren't. Devise a realistic plan for your retirement years now.
If you still think Social Security is enough, you might want to read a little more about it. Check out the debate around privatization of Social Security:
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