If you've been walking around thinking that Social Security will cover most of your bills in retirement, it's time to set yourself straight -- and start saving for the future. While the amount of money you'll need in retirement will depend heavily on your lifestyle and goals, most seniors will require around 80% of their former income just to cover the basics....
Do You Have Enough?
Timing is Everything
Countless workers worry about how they're going to pay the bills and take care of their health in retirement. Thankfully, there are two key programs -- Social Security and Medicare -- designed to help in both regards. In fact, you may be wondering whether it pays to sign up for both programs simultaneously. And the quick answer is: It depends....