Doing this one thing with your Social Security could mean losing $100,000 in retirement

Doing this one thing with your Social Security could mean losing $100,000 in retirement

- in Featured, Income, Retirement, Social Security
1140
Comments Off on Doing this one thing with your Social Security could mean losing $100,000 in retirement

Retirees will lose an average of $111,000 in income per household because they took Social Security benefits too early into their retirement, rather than draw down on their own savings first, according to a new study released Friday from United Income, a technology wealth management company. At the end of their lives, they will have $68,000 less in estimated wealth because they claimed at the wrong age.

Read more at USA Today

You may also like

What Is a Good Monthly Retirement Income?

Key Takeaways Sources of retirement income include Social