There's Good News About Americans' Expectations of Social Security

Relying solely on Social Security benefits puts retirees at risk as it only replaces 40% of pre-retirement wages.

[{"selector":"#anim-14ac423d-236d-4494-b075-5744ff4c3cb5 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(30.193014585694332%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] CREDIT GETIMAGE

[{"selector":"#anim-c70c64d0-e1c0-4e3e-b61d-5b3598f893f8 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-12.514648210040342%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Americans expect Social Security to cover 28% of their income, indicating their commitment to building additional financial resources for retirement. Americans expect Social Security to cover 28% of their income, indicating their commitment to building additional financial resources for retirement. CREDIT GETIMAGE

[{"selector":"#anim-6224971e-8eea-4156-9c73-7d5abc388d02 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] By diversifying retirement income with savings, Americans are reducing the likelihood of financial stress during their retirement years. By diversifying retirement income with savings, Americans are reducing the likelihood of financial stress during their retirement years. CREDIT GETIMAGE

[{"selector":"#anim-99471718-9b33-4a7a-ba6b-6788f6a23668","keyframes":{"transform":["scale(1)","scale(1.5)","scale(0.95)","scale(1)"],"offset":[0,0.33,0.66,1]},"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}] Americans who have savings are better prepared to handle potential future benefit cuts in Social Security. Americans who have savings are better prepared to handle potential future benefit cuts in Social Security. CREDIT GETIMAGE

[{"selector":"#anim-e1da9a6f-7bad-4d5c-b64e-ed45bd7e6f50 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-12.514648210040342%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Personal savings play a crucial role in building a secure retirement, even modest contributions can accumulate over time. Personal savings play a crucial role in building a secure retirement, even modest contributions can accumulate over time. CREDIT GETIMAGE

[{"selector":"#anim-bd60771b-946a-4a83-8b77-e802850478d3 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(12.514648210040342%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Contributing $200 a month for 40 years with an 8% annual return can result in a substantial nest egg of approximately $622,000. Contributing $200 a month for 40 years with an 8% annual return can result in a substantial nest egg of approximately $622,000. CREDIT GETIMAGE

[{"selector":"#anim-e3f53c37-e3d4-4d91-9f5d-d83c4e7a35b5 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Saving $200 a month for 20 years can yield $110,000, providing a significant supplement to Social Security benefits. Saving $200 a month for 20 years can yield $110,000, providing a significant supplement to Social Security benefits. CREDIT GETIMAGE

[{"selector":"#anim-5be95baf-7c79-4c25-bc6c-62b311972409 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-12.514648210040342%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] A well-rounded retirement strategy combines Social Security benefits with personal savings and investments for a more financially stable future. A well-rounded retirement strategy combines Social Security benefits with personal savings and investments for a more financially stable future. CREDIT GETIMAGE

There's Good News About Americans' Expectations of Social Security

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There's Good News About Americans' Expectations of Social Security

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Relying solely on Social Security benefits puts retirees at risk as it only replaces 40% of pre-retirement wages.

Relying solely on Social Security benefits puts retirees at risk as it only replaces 40% of pre-retirement wages.

There's Good News About Americans' Expectations of Social Security

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