Social Security has for a long time now been the backbone of American retirement. Correct me if I’m wrong, but there are tons of Americans who are patiently waiting for the day when they will sit back and enjoy collecting their Social Security check.
Even so, Social Security never intended to fund 100% of retirement expenses, and in the future, it will probably fund even less. The most recent reports from the Social Security Trustees are showing that the Social Security Trust Fund will be completely depleted by 2033, which means that it will be a reduction in future benefits.
Unless lawmakers do something to stop this. Even so, you need additional sources of income to enjoy your retirement years. Here are your best options: