3 Social Security Tips That Could Do More Harm Than Good

If you don't have a robust retirement fund, Social Security benefits may end up being the lifeline that keeps you afloat during your senior years.

You'll likely need several hundred thousand dollars (if not well over $1 million) in savings to last the rest of your life. If you don't have that much stashed away by retirement age, you may have to depend on Social Security benefits to make ends meet.

For that reason, it's crucial to ensure you're maximizing your monthly checks. These common tips may seem like good ideas on the surface, but in reality, they could end up costing you big time in retirement.

Source Fool.com