Planning for retirement is an important part of anyone's life, and it's good to know some of the best ways to plan for retirement. Social Security will only replace 30 to 40 percent of someone's pre-retirement income, but it's much better to have around 70 to 80 percent coming in. Kevin Rice, Assistant Manager of the Social Security Administration in Springfield said there are many possible ways to plan for retirement and begin to save today.
Rice said Social Security also helps calculate what someone's retirement benefit will be, that way people can know what to expect by the time they retire.
Rice said more information can be found at socialsecurity.gov, and it's important that it's dot gov because there are many other scamming websites out there. Rice appeared on the NEWSTALK WTIM Morning Show.