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The Complete Idiot's Guide to Retirement Planning by Jeffrey J. Wuorio

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Chapter 8
Social Security
In This Chapter
• A brief history
• How Social Security works
• What you can expect to get
• The life expectancy game
• Other benefits
• Will it be there?
 
To say that Social Security has been on the minds of many Americans of late would be as gross an understatement as you are likely to hear. Social Security has been a hotbed of attention, with concerns about the system running out of money, future generations facing lesser benefits as Social Security taps into cash reserves, and other like worries.
A major focal point of this chapter will be to explain what Social Security is (and what it is not), as well as discuss how the system will play a pivotal role in your retirement. In so doing, we’ll also try to distinguish between ...

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