Making It on Social Security

Making It on Social Security

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You think the days have passed when seniors survived on dog and cat food? Media hype may have moved on to what Paris Hilton had for lunch but the practice continues. In today's workforce, 53% have no private retirement coverage, 32% have no savings for retirement. That's 85% of all workers with nothing set aside specifically for old age. Social Security represents 39% of all elderly income. For 65% of 33 million retired workers Social Security makes up more than half their income. Maybe that's you. For 22% Social Security is their only income. That's me. Could be that's you too. Average Social Security benefit income is about $1, 000 a month. Most do not even get that. Are you making it on $12, 000 to $15, 000 a year or less? I am.With a work resume that a€œreads like the yellow pages of a phone booka€, he has been a delivery truck driver, newspaper stuffer, ... box boy, ship cooka#39;s helper, deck hand, retail clerk and manager, sporting goods and auto parts salesman, fishing vessel crew, lumberjack, ... research and development engineer, composite laminate engineer, apartment maintenance construction worker, missile heat shieldanbsp;...

Title:Making It on Social Security
Author: George Snyder
Publisher:iUniverse - 2007-07

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