Higher earners need to save more
Social Security replaces income progressively. That means lower earners generally receive a higher income replacement rate than higher earners. Still, most people will need additional sources of retirement income, said Richard Rausser, senior vice president of Pentegra Retirement Services.
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2 thoughts on “10 Social Security Tips Every Baby Boomer Should Know”
I have attempted to call Social Security as I would like an updated statement on what I can estimate to retire with. The last update I received was in 2009.
Thanks.
How do I go about getting help with Social Security/Medicare from a specialist?