Relying 100% on Social Security is very risky. Do yourself a favor and invest in a Roth IRA — Your future self will be thankful.
by TonyLiberty Relying 100% on Social Security is very risky. The average monthly Social Security benefit in 2022 is only around $1,800 — This provides an income of $21,600 per year, which is below the federal poverty level. Social Security is facing a long-term funding shortfall, with reserves expected to run out by 2035. Benefits …