What you don’t know about Social Security can hurt you during retirement
The January 2018 snapshot from the Social Security Administration shows that the average monthly payout is just $1,407. This, according to a study from the Centers on Budget and Policy Priorities, is more than enough to keep over 15 million seniors out of poverty each and every year. However, there is still a significant knowledge gap that exists between Social Security and the American Public on the basics of how the program works or even how much they’ll be paid. In Sean Williams’ column appearing on the Motley Fool’s website, he explains what you don’t know about Social Security can definitely hurt you during retirement. Read his column here…
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