The average wage earner will see income replacement of about 39% from Social Security. Therefore, middle-class workers will need to

Question

Quizplus · Accepted Answer

Since Social Security will only replace about 39% of average wage earners' income, relying on private pensions to help maintain a middle-class lifestyle is important. Option A is not ideal as it assumes people should accept a lower standard of living, while option B may not necessarily solve the problem of not having enough funds in retirement. Option D may not be feasible for those who are retired or physically unable to work part-time.

The Average Wage Earner Will See Income Replacement of About