Tag: retirement
A retiree’s sources of money are often described as a three-legged stool: Social Security, pension, and savings. But many seniors’ financial support looks more like a single, sturdy pillar: Social Security. This is shown dramatically in new U.S. Social Security Administration (SSA) estimates of just how critical the federal program is to millions of older…
The scary thing about fully retiring is the obvious thing: the ability to earn stops cold. Most retirees live on what they get from Social Security and what they can spend from their savings, if they have any. So how many older Americans with fixed incomes can accurately be described as being in difficult straits…
