Are US retirees foregoing large sums of Social Security benefits? ...Middle East

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Are US retirees foregoing large sums of Social Security benefits?
Substantial research indicates that most Americans are retiring with far too few resources to finance their desired standard-of-living in old age. Typical retiree savings, in fact, can cover only a few years of median U.S. household spending. No wonder, then, that Social Security looms so large in retirement resources. Two in five elderly individuals receive half or more of their income from the system. Close to one in eight are entirely dependent on its benefits. Even those of greater means need the system’s support. Future benefit claims represent the second largest retirement asset for a significant fraction of high-income older consumers. There are many reasons retirement can be a

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