Banking on Social Security? Think Again!

If you were to ask the average American about his or her plans for the future and about his or her wealth management strategies in general, you would likely find that, the vast majority of the time, the individual was putting all of his or her hopes and dreams on social security funds. It’s important to understand, however, that, on average, a retiree can only depend on social security for about half of his or her income.

For those who have been banking on social security, that fact likely comes as quite a shock, but it’s the truth. Social security, nine times out of ten, will not handle all or even most of your retirement income needs, regardless of where you worked or how long (or hard!) you worked there.

If you’ve been relying on social security benefits, stop! Regardless of who you are, it’s time to take control of your own wealth management and to start preparing for the future. Fortunately, the financial experts at Platinum Financial Services of Naperville can help you to do just that, so give them a call today!