If you worked for decades, there’s a good chance you’ll be eligible for Social Security benefits once you retire. Whether those benefits are enough to support your desired lifestyle, however, depends on you.
If you’re used to bringing home an average salary, you can expect Social Security to replace about 40% of it in retirement — assuming that benefits aren’t cut broadly, of course.
That’s why it’s important to load up on retirement investments that pay generously. And with a large enough portfolio, you may find that these ETFs actually pay you more money in retirement than Social Security does.
This post originally appeared at 24/7 Wall St.
