According to this article, the concern over retirement security has increased since last year. Many fear their Social Security benefits will decline or won’t last at all.

Here are a few ideas to help curb this retirement anxiety and allow for more relaxation.

Save more than needed. The uncertainty around Social Security’s future emphasizes the need to save as much as possible to achieve a comfortable retirement.

Diversify passive income. Social Security is a passive income, but having more than 1 passive income is essential. Some popular passive incomes to help during retirement are real estate rentals and dividends. Both are worth doing some research to help create a more diverse passive income.

Plan for healthcare costs. With healthcare expenses rising every year, it is essential to account for these needed expenses. Starting to save in a Health Savings Account (HSA) can help you during retirement. Find out some of the unknown tax benefits of having an HSA here!

A more relaxing retirement can be obtained with a more financially secure Social Security system. The Senior Security Alliance is seeking to get our bill passed to help senior citizens achieve a more financially secure retirement. Help us by taking action here.