4 Ways To Plan For Retirement Without Social Security

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Calendar with ‘Retire!’ written on the 31st, alongside cash, symbolizing retirement planning.

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With that in mind, here are four ways to plan for retirement without Social Security.

Also seefive Social Security facts soon-to-be retirees must know.

If you have access through your employer, you could utilize a 401(k).

Or you could set up your own retirement account, like an IRA.

Note thatdifferent retirement accountshave different eligibility requirements and maximum contribution amounts.

And keep in mind that theres not necessarily one best account.

Many could be a good fit, but it depends on your situation.

So you might start to consider different areas to live in.

For example, some Americans retire abroad to low-cost areas where they can enjoy amore luxurious lifestyleon a budget.

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