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How to get a bigger Social Security check

Yes, we know that you probably see many advertisements about how to “get $570 more Social Security” or “the $16,122 Social Security bonus most retirees overlook”, so you may be wondering – what exactly is the “secret” that these advertisers are luring you with? Well, it’s pretty simple actually. By far the majority of people claim their Social Security benefit before they reach their full retirement age, and only a small percentage wait until after that to apply. Yet, by claiming early you’re leaving a lot of money on the table, and by waiting beyond your full retirement age you can get a check that is quite a bit bigger than you think.  This Motley Fool article by Maurie Backman laments that so many people are taking their Social Security benefits early for the wrong reasons. Click here to read more.

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