Social Security is the only inflation-protected source of retirement income that most Americans will have, and it is designed to replace about 40% of the average worker’s income. But what will it look like in a decade or two? In this video, longtime Fool.com contributors Matt Frankel, CFP® (early 40s) and Dan Caplinger (mid-50s) discuss how they are thinking about Social Security when it comes to their own retirement plans.
*Stock prices used were the morning prices of Aug. 21, 2024. The video was published on Aug. 22, 2024.
The $22,924 Social Security bonus most retirees completely overlook
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Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
