The Top Social Security Facts Retirees Must Know
The Top Social Security Facts Retirees Must Know
Social Security can offer an important source of guaranteed income, and you want to feel confident when choosing the right claiming strategy under the new Social Security regulations.
According to Social Security Administration (SSA) statistics, Social Security benefits account for about 34 percent of retirement income for the average American. One of the biggest mistakes today’s retirees can make is to underestimate the importance of Social Security in their retirement strategies. In an era of vanishing pensions, Social Security offers government-guaranteed income that isn’t vulnerable to market risk, can’t be outlived, and can provide for your loved ones after your death.
At CTS Financial, we have compiled a tip sheet, The Top Social Security Facts Retirees Should Know, to help you begin to create a personalized plan that will best leverage Social Security in light of your overall financial goals.