The U.S. Government Accountability office (GAO) has released a report entitled “Ensuring Income throughout Retirement Requires Difficult Choices” and it tells Americans “Buy More Annuities!” The theme of the report is one we have heard time and time again, and reiterates that thought that regardless of the benefit schedule of the social security system, it “cannot be relied upon to replace a person’s pre-retirement salary.” Call us if you are looking for options that might supplement your retirement income. We’re here to help, and always look forward to speaking with you.
