Understanding the Role of Social Security in My Retirement Strategy

Reported 2 days ago

Dana George discusses her meticulous planning for retirement, emphasizing the importance of budgeting and preparing for potential cuts in Social Security benefits. With an anticipated monthly benefit of around $2,000, she details her income sources, including a pension, retirement account withdrawals, and her own income, which she conservatively doesn't rely on due to uncertainties. George advises others to create a realistic budget that accounts for the possibility of reduced Social Security payments and underscores that planning ahead is crucial for financial stability in retirement.

Source: YAHOO

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