211 Million Adults Are at Risk of a Costly Social Security Mistake
Despite the important role Social Security plays in most people's retirement plans, the vast majority of Americans are missing key details about how the program works.
In fact, a recent study conducted by Nationwide showed that just 16% of adults could correctly guess their full retirement age. That means over 211 million people are clueless about one of the most crucial details affecting the amount of retirement benefits they'll receive.
If you're one of them, here's what you need to know about full retirement age -- and why knowing this age is so essential as you decide when you want Social Security benefits to begin.
Source Fool.com