The Basics of Social Security
When you think about Social Security, what comes to mind? Do you worry if it will still be around for you when you retire? Do you wonder how much you can expect to receive each month? Are you aware of when you can start taking your benefit, or what you can do to maximize it?
If you feel confused or unsure about Social Security, you’re not alone. According to Nationwide Retirement Institute’s “2019 Annual Consumer Survey on Social Security”:
- Less than 25% of people know what their full retirement age is
- 70% think they are eligible for full benefits before they actually are
- Workers within 10 years of retirement overestimate their monthly retirement benefit by almost 30%
We have outline the basics of Social Security in our helpful guide. Click the link below to download: