3 Things Boomers Need to Know About Social Security Before Retirement

For millions of older Americans, Social Security benefits are an indispensable aspect of retirement. In fact, 64% of retirees say their benefits are a major source of income, according to a report from the Society of Actuaries.

Because Social Security benefits have the ability to make or break your retirement, it's vital to ensure you're making the most of them. Social Security can be a complex topic, but the more you understand about how the program works, the better the decisions you can make to maximize your monthly checks. And as you're nearing retirement age, there are three things in particular you need to know.

Image source: Getty Images.

Source Fool.com