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5 Key Social Security Strategies Everyone Should Know
No one ever said you could live like royalty on Social Security. The program was always intended to provide a foundation for retirement but not to completely replace one’s working income. Having said that, it is wrong to ignore the importance of Social Security in developing a retirement strategy, given two key advantages Social Security benefits have over most other sources of retirement income: guaranteed lifetime benefits and annual cost of living adjustments, or COLAs. Given the unique nature of Social Security income, it behooves us to do all that we can to maximize this benefit. But Social Security is a very complicated system…Read More
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