Social Security, Retirement and Our Future

Social Security, Retirement, and Our Future Americans today need to be weaken apprised about retirement savings and offered more than investment options. A major cause of people getting to retirement and macrocosm shocked that they dont cave in enough nones to plump at their current lifestyle level is their failure at an earlier age to take a hard intuitive feeling at their financial situation when they had plenty of time to do something about it (Bayne, 2009). Will Social Security provide Americans with enough money to sustain a comfortable sustentation when they retire? some(prenominal) Americans who make water retired have had to change their lifestyles because the money from the Social Security they are receiving is not enough to sustain the pre- retirement lifestyle they were used to. Many Americans who have retired recently have had to rely on a second-string source of income to sustain a minimal standard of living after retirement. Investment planning, secondary retirement programs, and post retirement health insurance options along with Social Security would provide a better retirement future in todays financial situation. Americans who have educated themselves on financial investments tend to have a more financially secured retirement.

The 11th Annual Transamerica Retirement study, which surveyed 3,598 full- and part-time for-profit workers between celestial latitude 3, 2009 and January 18, 2010, shows that not only do 401(k) plans help Americans save for retirement, they also summation plan participants knowledge regarding retirement savings (Shultz, 2010). Employees who inquire about and fall out investing in some financial planning will be better prepared for their retirement years. Financial planning gives individuals a wiz of worth and security and allows them to build up a snuggle egg in case of an emergency. Along with financial planning employees should also look into secondary retirement programs. Retirement planning goes hand-in-hand with... If you take to get a full essay, order it on our website: Orderessay

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