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Mistakes with Social Security will disrupt your retirement - Yahoo! Finance
Nobody likes to make mistakes, especially when it comes to Social Security which is the mainstay of financial comfort in your golden years. But, unfortunately, many senior unwittingly make wrong assumptions about Social Security, which can lead to considerable discomfort in your retirement. Fortunately, these mistakes are fairly easy to fix, if you know what they are, as discussed in this Yahoo! Finance article by Motely Fool’s Christy Bieber. Essentially, over estimating what Social Security will do for you, not considering benefits available to both marital partners, and assuming Cost of Living Adjustments will keep up with actual inflation are described in this article as key Social Security mistakes many make.
Social Security is a complicated topic. If you’re unsure about how these basics apply to you, or if you have any questions about your individual situation under Social Security, note that the AMAC Foundation provides a free-to-the-public advisory service to help Americans navigate the complexities of this program. All questions are answered quickly, at no charge. Learn more about it here…