Shame on you. I know what’s going on. You’ve been trashing your Social Security statement without even a glance or second thought. Or maybe you haven’t begun to consider Social Security’s role in your future retirement. After all, as far as you know, Social Security won’t be around when you retire – that’s what you keep hearing on the news, anyway. So, why bother?
Well, I’ve got news for you. Although the future of Social Security is certainly unknown – particularly for today’s millennials – there’s a good chance the program will persist in some form. And since half of Americans 65 and older rely on Social Security for at least 50 percent of their family income, you’d be wise to come up with a strategy to maximize your benefits and give yourself the highest retirement income possible.
Here are four questions to ask yourself if you want to avoid potentially leaving thousands of dollars on the table: