When to Apply for Social Security
Many Americans make the mistake of applying for benefits at too young of an age, leaving a lot of money on the table. A recent study was put out with an accompanying tool to help retirees figure out the best time to start receiving their benefits. This tool helps seniors eke out the most of their savings, giving them more money that goes a long way when living on a fixed income. This decision is different for everyone depending on personal health and expected income in retirement. For more information, and to check out the helpful tool for yourself, visit this article by Yuka Hayashi with The Wall Street Journal.