Expert advice for retirees during this financially tumultuous time. Buzz60

It's a smart financial move that everyone should aim for.


retirement plan contributions due to the pandemic. It's encouraging, therefore, to hear that 72% of Americans plan to prioritize their nest eggs once the crisis is over, according to a recent TD Ameritrade survey. And that's an important goal to aim for no matter your age.

Why do you need a nest egg going into retirement? It's simple: Social Security won't provide enough financial support during your golden years.

The average recipient today collects about $1,500 a month, or $18,000 a year, in benefits, which isn't a whole lot of money to live on – especially when you factor in the cost of healthcare during retirement, which can be astronomical even if your health itself is just fine.

Retirements take hit: disclosure policy.

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Offer from the Motley Fool: The $16,728 Social Security bonus most retirees completely overlook

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