Social Security Doesn't Cover It All -- 3 Strategies to Close the Income Gap

According to The Nationwide Retirement Institute® 2025 Social Security Survey, Americans are deeply concerned about Social Security. That makes complete sense, given that most retirees rely on its payments to cover a significant portion of their retirement expenses.But this vital government program doesn't cover all of them, which is just a painful fact. Here are three ways you can close the gap between your expenses and your Social Security check.The institute's 2025 survey found that "More than half of U.S. adults receiving or expecting to receive Social Security say they could not financially survive missing even half of a monthly payment." That's a huge statement, because with the average monthly benefit around the $2,000 mark, it means that just $1,000 could be the difference between getting by and financial hardship for a large number of people.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool