How Much Does Social Security Really Cover in Retirement?
Prepare yourself for some startling Social Security statistics: According to the Social Security Administration (SSA), Social Security benefits on average make up about 30% of elderly Americans' income. More specifically, among elderly beneficiaries, about 37% of men and 42% of women get 50% or more of their income from Social Security, while more than 10% get 90% or more of their income from it.
Here's a look at how much Social Security covers in retirement.
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Source Fool.com
