Boost Your Social Security Benefits
Security Security benefits were never meant to live on alone without supplemental pensions, savings, or other sources of income. Benefits replace just 40 percent of pre-retirement income. Filing for Social Security as late as possible is the easiest way to get the biggest monthly check for the rest of your life. But, Maurie Backman also suggests part-time work or extending one’s career to boost the wage base on which benefits are calculated. Read Backman’s full piece here.
The AMAC Foundation offers a free-to-the-public advisory service to all folks ageing into–or already in–Social Security. This service provides guidance in understanding the complexities of Social Security and the myriad rules and regulations associated with the process for claiming benefits, with NSSA-Certified Social Security Advisors available via email or telephone to discuss options. Learn more about this service via the Foundation’s website.