
Overview
Over the last few years, the looming specter of uncertainty surrounding Social Security has grown among some American workers who will soon retire. While much has been written about the potential demise of Social Security, Fisher Investments believes that those fears are overstated. Social Security remains a vital piece of the income puzzle for many retirees.
As workers get older, saving for retirement becomes more pressing because the amount of time an individual has to save—known as their “time horizon”—it's constantly shrinking. And if that individual has not established any retirement savings by the time they’re nearing retirement age, it’s likely they’ll have to get creative in their final earning years to live comfortably during retirement.