Investing for Retirement
In This Chapter
The old reality was that Social Security provided a base to guarantee minimum living expenses. The new reality is that even if you collect the maximum monthly payment at full retirement age (currently $2,639/month), you’ll have a tough time living on it. Of course, most people don’t collect the maximum—$1,335/month is the average collected benefit. You’re probably going to want, or need, more than Social Security will provide.
It’s likely that investing for retirement ...