3 Reasons to Rely Less on Social Security

3 Reasons to Rely Less on Social Security

You don't have to write off the idea of collecting Social Security completely. Many people assume that Social Security is designed to replace their income entirely. The monthly benefit you'll be eligible for will hinge on your earnings history, but that check will only take the place of about 40% of your pre-retirement income -- and that assumes you're an average wage earner, not a higher-income one.