4 Drawbacks of Relying Only on Social Security in Retirement

4 Drawbacks of Relying Only on Social Security in Retirement
Christy Bieber, The Motley Fool
·3 min read

In fact, there are numerous downsides to trying to survive as a senior on these retirement benefits alone. Here are four big reasons you absolutely don't want to make Social Security your only source of support. The average Social Security benefit in 2021 is just $1,543 per month.