You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources , and more. Learn More A higher monthly benefit could do a lot for your retirement.
Generally speaking, it’s best not to become too dependent on Social Security during retirement. Those benefits will only replace about 40% of the paycheck you were used to collecting if you’re an average wage earner. And many seniors inevitably wind up needing about twice that much income […]
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