Here's Exactly How I Plan to Spend My Social Security Checks in Retirement

Millions of retirees rely on Social Security to get by during retirement. It's a helpful boost, but Social Security was never meant to be your one-stop shop for income. It was designed to be part of a "three-legged stool" alongside pensions and personal savings.But times have changed. Pensions are disappearing, and savings often fall short. In fact, 28% of retirees rely solely on Social Security, according to a Motley Fool survey.The idea of depending entirely on Social Security doesn't sit well with me. That's why I'm taking control now by building retirement accounts and creating passive-income streams. By doing that, I'll have plenty of options for how I want to spend those Social Security checks when the time comes.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool