If you are concerned about your retirement income and are looking for ideas to increase your retirement income there are options available to you. In todays economy it is important to remember that even though your retirement savings may be taking a hit now you still must plan for the future.
First understand that the best retirement savings plan should involve multiple streams of income. Most people realize that social security will probably not be around when they retire. At best we should only expect a small monthly token payment. Additionally, retirees can receive a larger amount if they delay the age that they start to receive benefits. Buy having additional sources of supplemental retirement income and waiting a few years to begin receiving payments from social security can mean a few extra hundred dollars a month.
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