If I Could Tell All Retirees 1 Thing About Social Security, I'd Say to Do This Before You Claim Benefits

Social Security can play a critical role in your retirement budget. Sixty percent of retirees said Social Security is a major source of their income in the most recent iteration of an annual Gallup poll. Another 28% said it was at least a minor source. Either way, you'll want to make the most of your Social Security benefits if you can.But one thing that can trip up a lot of retirees is not properly planning ahead. Getting your finances in order before you claim Social Security is essential if you want to get the most out of the government program. And planning goes well beyond deciding what age to apply for benefits.There's a big thing you need to consider before you claim benefits.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool