Here’s something you probably didn’t know: The average monthly Social Security retirement benefit was recently just $1,547, or about $18,500 per year. Yes, if you earned an above-average income during your working life, you’ll likely collect more than that — but it still is probably not going to be enough to cover your expenses in retirement.
Read more at: https://theindependent.com/business/investment/personal-finance/3-reasons-to-invest-in-dividend-paying-stocks-for-retirement/article_652fe6b1-fdba-5f63-995e-69654c428876.html