question 12 (6.6 points)\nwhy is it important to have additional savings besides social security for…

question 12 (6.6 points)\nwhy is it important to have additional savings besides social security for retirement?\nto cover unexpected expenses\nto ensure financial stability during retirement years\nit is not important. social security is guaranteed to cover all expenses during retirement.\nbecause social security is not meant to fully replace income but supplement it

question 12 (6.6 points)\nwhy is it important to have additional savings besides social security for retirement?\nto cover unexpected expenses\nto ensure financial stability during retirement years\nit is not important. social security is guaranteed to cover all expenses during retirement.\nbecause social security is not meant to fully replace income but supplement it

Answer

Brief Explanations:

Social Security is designed to supplement income, not fully replace it. Additional savings help cover unexpected expenses and ensure financial stability during retirement as Social Security alone may not be sufficient.

Answer:

To cover unexpected expenses To ensure financial stability during retirement years Because Social Security is not meant to fully replace income but supplement it