
Social Security has been a key component of retirement planning since its inception in 1935. Back then, it was only meant as a supplement to people’s retirement income. But according to Fidelity, Social Security is the primary source of retirement income for 77% of U.S. retirees. This is significantly higher than pensions (48%) and personal savings (41%).
If you’re including Social Security in your retirement plan, here are a few red flags that your benefit won’t be enough to fully support you.