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Keeping Social Security on your Radar - The Globe and Mail
Social Security is, of course, a benefit usually most treasured during your retirement years, but that doesn’t mean you should wait until you’re ready to retire to focus on Social Security. If you are now in your 40s (or even your 50s), paying attention to your future retirement income just makes very good sense. And if you’re like most other Americans, Social Security will be an important part of your future retirement comfort. And that means you should start focusing on your potential Social Security payment early on, before you are ready to retire. How to do this? Well, obviously, since your work earnings directly influence your future Social Security payment, you should strive to improve those earnings whenever you can. And, again, since those earnings are crucial, you should take the time to periodically review your lifetime earnings record on file at Social Security to ensure it is correct. This article from the Motley Fool appearing at The Globe and Mail explains.
Social Security is a complex 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 or enrollment in Medicare, note that the AMAC Foundation provides a free-to-the-public advisory service to help Americans navigate the complexities of these programs. All questions are answered quickly, at no charge. Learn more about it here…