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Avoid these moves if you want to enjoy a financially secure retirement

According to a recent survey from Nationwide, it found approximately 20 percent of baby boomers say their Social Security benefits will be their only source of income in retirement. This is in line with what the Social Security Administration is reporting that 21 percent of elderly married couples and about 45 percent of unmarried persons rely on Social Security for 90 percent or more of their income. If your monthly Social Security benefits are going to make up the substantial chuck of your retirement income, it is important to avoid making mistakes that could potentially shrink your benefits. The attached article outlines three Social Security mistakes that you should avoid if you don’t want to shrink your benefits. Read article here…

 

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