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Retiring in 2025? Read on.
If you’re on the verge of “taking the plunge” into Social Security’s world of retirement benefits, now would be a good time to reflect on a short series of key factors that may help you in a final decision. The Motley Fool’s Selena Maranjian, in a post on their website, provides some behind-the-scenes about the design and intent of Social Security, including a reminder that the benefits that will be provided “… isn’t meant to replace all of your pre-retirement income.” She also discusses Social Security’s cost-of-living adjustment feature and its inability to fully meet cost increases typically applicable to seniors, along with important points to be considered when claiming your benefits. Check out her post here…
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