March 1998
The Director - Features
Why Social Security Alone May Not Be Enough
Are you planning on Social Security to be the staple of your retirement income? Think again. Social Security was never intended to provide 100 percent of retirement income. Rather, it is designed to provide a base or "floor" for retirement income, to which income from private pensions, personal savings and investments must be added.
Why Social Security Alone May Not Be Enough, by John Ryan, an estate planning specialist, offers six simple IRA strategies that can help you ensure yourself a comfortable retirement. It discusses employer-sponsored retirement plans, how personal saving can make the difference, how to choose an IRA beneficiary and determine the taxability of your Social Security benefits.
