On the rise – Social Security increasingly valued as retirement supplement
Abstract: Although no one should depend solely on Social Security for retirement, many people are taking a second look at it. Unfortunately, rumors persist that the venerable government program is on its last legs. This article looks at how Social Security is funded, and what changes might be made to keep it solvent. In the meantime, savers will need to determine how large a Social Security presence they’re comfortable factoring into their retirement strategy. Then they’ll need to accumulate enough assets to provide themselves a comfortable retirement income when combined with the monthly government checks they expect.