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path1's avatar
path1
Explorer
Sep 24, 2014

Social Security question/ help please if you know

I’ve been reading articles when I see them about drawing social security early and 99.9% say drawing early is not recommended and a bad decision. The people that write these articles I bet have mor...
RV Lifestyle
qtla9111's avatar
qtla9111
Nomad
Sep 25, 2014
downtheroad wrote:
If S.S. is ones ONLY source of retirement funds...that person is in big trouble..and will retire in poverty.


That applies to most Americans.

According to the Social Security Administration, 23 percent of married couples and 46 percent of single people receive 90 percent or more of their income from Social Security. Furthermore, 53 percent of married couples and 74 percent of unmarried people receive half of their income or more from the program.

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