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

Few retirement decisions have as lasting an impact as when you decide to claim Social Security. The decision permanently affects how much you receive, so it's not one you want to gloss over as insignificant.I recommend that retirees (or those approaching retirement) figure out their break-even age before claiming Social Security benefits. Your break-even age is when the total lifetime benefits from claiming at one age equal the total lifetime benefits from claiming at another age. This metric can help put your claiming decision into perspective.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool