24.01.2025 13:18:00

Retiring on Social Security Alone in 2025? Here's the Monthly Income You May Be Looking At

If you're coming up on your retirement date without a lot of money in savings, you're not alone. Many people struggle to build savings for retirement due to a variety of factors, from sluggish wages to medical bills and other unforeseen expenses that get in the way of steady IRA or 401(k) contributions.But you should know that if you're planning to retire on Social Security alone this year, you may be setting yourself up for some pretty tough times ahead. Here's what your monthly income might look like -- and why it may not be anywhere close to enough.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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