The current state of affairs for those Americans hoping to depend on the solvency of Social Security is not looking good. With “Baby Boomers” approaching end of their working careers, many are calling for the retirement age to be increased from 67 to 70.
This has many leaning on investing their money on the stock market. “Online Trading” has been the way to go for most looking to guarantee their future earnings. However, “Stock Trading” is not guaranteed.
Within the last four years, the stock market has been devastating for investors. With the bank recovery of 2008 and the stimulus of 2009, the stock market has gradually recovered. “IRA Accounts” have also suffered with low interest bearing rates. For those looking to retire, many have had to put it off with the hopes of a recovery.
So, will Social Security be there for me when I retire? Will my investment portfolio recover enough for me to quit working? Will I save enough money?
The answer to that question is, “How much are you worth?”