7
QuizMultiple Choice

Building a Smart Retirement Plan — Quiz

Question 7 • Personal Finance

Why is Social Security not enough alone?

Answer
A
replaces all income
B
has no payments
C
eliminates savings
D
covers only part of expenses

Explanation

Social Security benefits generally replace only part of a person's income, so they may not cover all expenses in retirement. Savings or other income can help fill the gap. Therefore, “covers only part of expenses” is the correct choice.

AI-written and checked against the verified answer.

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