Saturday, May 23, 2026

Retirees Are Running Out of Cash Faster Than Expected, Even With Social Security

Retirees Are Running Out of Cash Faster Than Expected, Even With Social Security

Article Excerpt: "...Aviva Pinto, financial advisor and managing director of Wealthspire, made clear that, in most cases, “Social Security alone will not sustain a person in retirement. They need to have savings and have savings in retirement plans -- 401(k), 403b, IRAs.”

Social Security is only designed to cover about one-third..."



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