Many retirees are diversifying their income from a variety of sources, such as Social Security and personal savings. It’s very important to consider diversifying it, in case one of your benefits won’t work out as planned. This kind of mentality where you thoroughly plan ahead any possible outcome has nothing to do with negativity, but more with being extremely practical.
The goal is to enjoy your golden years and rest assured that you’ll have anything you need at reach, in case of an emergency or unplanned event. This way, you’ll be much more comfortable in your retirement if you have a couple of benefits.