Retirement planning requires the tracking and balancing of a number of income streams, including Social Security, 401(k)s, savings, stocks, bonds and various other investment accounts, all to create a balanced and secure retirement budget that can last a minimum of 20 to 30 years.
That said, not everyone has the financial foresight or resources to build a variety of retirement revenues, and that begs the question — just how long could the average retiree live on Social Security alone in 2026?
