Social Security Can't Make You a Millionaire. But Investing This Much per Month Can

Most U.S. seniors would have a hard time retiring without the financial support they get from their monthly Social Security checks. But they would also have an even harder time retiring on their Social Security benefits alone. Those checks aren't intended to make beneficiaries into millionaires. Likely, they won't even cover all of a beneficiary's routine expenses.That's why personal savings are critical to maintaining financial independence. Here's what you can reasonably expect from Social Security and how much you'd need to invest beginning today to cover the rest.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool