FYI: Paying attention to Social Security benefits pays off and needs to be taken seriously from an earlier age than most people realize.
Many of us underestimate how important this benefit is.
It is the single largest source of income for the majority of Americans age 65 and older
It accounts for half or more of total income for 53% of married couples and 74% of unmarried individuals
It is one of the only sources of guaranteed income that retirees can count on for the rest of their lives
Its cost of living adjustments helps maintain buying power over decades of retirement
Mary Beth Franklin points out that Social Security isn’t static and there have been some major changes in recent years. In addition to being the author of Maximizing Social Security Benefits and an acknowledged expert on the subject, she is Contributing Editor at InvestmentNews, a leading publication for financial advisors, and an award-winning personal finance journalist.
Regards,
Ted
https://wealthtrack.com/social-security-the-new-rules-with-benefits-guru-mary-beth-franklin/
