3 Social Security Misconceptions That Could Leave You Cash-Strapped for Life
Once you retire, you can't expect your expenses to plunge dramatically. As a rough general rule, you should expect to your spending to total about 75% of your pre-retirement spending, not accounting for major lifestyle adjustments.
That means you may become heavily reliant on Social Security once you exit the workforce. And that's why you can't afford to buy into these glaring misconceptions.
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Source Fool.com
