Instead of putting our children and grandchildren's retirement in jeopardy, AARP believes Congress should find ways to solve our nation's budget problems without making dangerous cuts to Social Security.
Social Security: More Than You Might Think
Many people do not realize how valuable Social Security is to them. On average, an individual would have to save an additional $300,000 while working to replace the benefits Social Security provides in retirement. Independent investments, pensions, individual retirement accounts and 401(k) accounts are all important parts of retirement savings, but Social Security is the guaranteed base of retirement security for most Americans. In fact, couples on average can expect about $22,000 per year in Social Security benefits.
Social Security is the most successful program in our nation's history, and we need to make the modest changes necessary to strengthen the guaranteed benefit for both current and future generations.
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