Retirement has transitioned from pensions, savings, and Social Security {S.S.} to a few pensions, at-risk S.S., and, worst case, 100% dependence on your savings.
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FINANCIAL LITERACY
ONLY THE WEALTHY AND FOOLS DO NOT OBTAIN LONG AND SHORT-TERM DISABILITY INSURANCE
Disclaimer: Good Day, Readers.  WealthBuildingPowers blog is a financial literacy/competency blog and does not provide specific investment recommendations.   https://youtu.be/Cr2zpJrStQw DISABILITY INSURANCE IN 60 SECONDS Photo by RDNE Stock project on Pexels.com Empower Your Financial Well-being: Prioritize Long and Short-Term Disability Insurance Without Delay! I retired for health reasons at the age of 57. It was unexpected, BUT I was thankfully prepared. I had private short- and long-term disability insurance.   I also received monthly Social Security Disability payments. ...
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FINANCIAL LITERACY , RETIREMENT
SOCIAL SECURITY COVERS ABOUT 40% OF YOUR RETIREMENT NEEDS –  LET’S GET TO WORK AND CLOSE ANY GAPS!
An average American can expect Social Security to replace about 40% of pre-retirement wages
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