DiscoverReady For RetirementWhy many retirees REGRET relying on Social Security Income
Why many retirees REGRET relying on Social Security Income

Why many retirees REGRET relying on Social Security Income

Update: 2025-03-25
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Description

Relying too much on Social Security? You’re not alone—over 40% of retirees count on it for at least half their income. But that safety net has some major gaps. In this video, I break down four key reasons why Social Security isn’t enough—and what you can do to secure a more stable retirement. 

Questions answered:
1. Why is it a mistake to rely too heavily on Social Security for retirement income?

2. What are some strategies to supplement Social Security income in retirement?

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Timestamps:
0:00 - One-off expenses
1:34 - Inflation & CPIW
4:21 - Tax on provisional income
7:33 - Peace of mind
8:33 - Maximize your benefit
9:22 - Supplement SS
10:24 - Leverage your home

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Why many retirees REGRET relying on Social Security Income

Why many retirees REGRET relying on Social Security Income

James Conole, CFP®