Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Social Security and other Retirement Planning topics.
Experts agree that one thing is certain; depending solely upon Social Security is a recipe for disaster. You should begin your retirement planning while you are young and diversify your portfolio. Social Security will most likely make up 40 percent of your lifetime retirement income, with additional savings and investments completing the rest. If you need help with your retirement planning and strategy, then contact a Financial Advisor who can help you create a strong retirement plan.