Social Security Report

How much retirees would gain by improving Social Security decisions

Although most experts talk about the value of maximizing Social Security benefits, it seems few retirees are listening; actually, only four percent of retirees wait until age 70 to claim their maximum Social Security benefits. In a new study, “The Retirement Solution Hiding in Plain Sight: How Much Retirees Would Gain by Improving Social Security Decisions,” it calculated if U.S. retirees would be able to generate an additional $3.4 trillion in income during their retirement – an average of about $111,000 per household – if they optimized their decision about when to claim Social Security. Read article here…

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