Tag: retirement income
Social Security is really important for older Americans. Every now and then, I am asked how dependent people are on Social Security. That’s actually an important question, given recent proposals for restructuring the program and concerns that the program is simply too big. Fortunately, the Congressional Research Service recently reported on the importance of Socia…
Many households do not have enough saved to maintain their standard of living in retirement. This resource gap means that retirees will often have to cut back on consumption and, in some cases, rely on adult children to …
