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| Happy Thursday, Daily Money readers. It's Brett Molina here ready with your Friday Eve headlines. |
| Among the critical income sources for retirees is Social Security. Collecting those benefits can help play a role in how comfortable your finances are in retirement. However, there are three important reasons why you shouldn't solely rely on Social Security when you retire. |
| Unemployment claims filed by Americans continue their historic pace despite declines in recent weeks. Another 1.3 million Americans filed claims last week, bringing the total to near 50 million after 16 weeks. And recent spikes in COVID-19 cases have raised fears businesses will shut down once again. |
| Finally, add Bed Bath & Beyond to the list of retailers planning to close stores. The home goods chain said it's planning to close approximately 21% of its locations. The company said it would save them between $250 and $350 million annually. |
| Need more Money and Tech news? Keep scrolling. |
| Brett Molina, Money/Tech editor |
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