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3 Social Security Secrets to Boost Your Benefits


Social Security benefits make up a substantial amount of income for millions of retirees, but your monthly checks were never designed to replace your income entirely during your senior years.

Although Social Security was only intended to make up around 40% of pre-retirement income, nearly one-quarter of married couples and close to half of unmarried beneficiaries rely on their benefits for at least 90% of their income in retirement, according to the Social Security Administration.

If you're nearing retirement, it's wise to keep saving and build a robust nest egg so you won't have to rely so heavily on Social Security. However, there are also a few things you can do to boost your monthly payments.

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Source Fool.com


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