Reported 2 days ago
As baby boomers approach retirement, understanding the realities of Social Security is crucial for financial security. Social Security will not provide enough income on its own, covering only about 40% of pre-retirement wages, meaning additional savings and planning are essential. Furthermore, concerns about the program's solvency by 2035 raise further alarm, making it imperative for boomers to prepare a diverse financial strategy to secure their future.
Source: YAHOO