Don't Claim Social Security If You Can't Answer These 3 Questions
The decision to sign up for Social Security could end up being one of the most important ones you'll make in the course of your retirement. After all, Social Security will pay you a monthly benefit for the rest of your life, so it's really important to file for yours at the right time.
With that in mind, here are three questions you must be able to answer before you even think about claiming your benefits.
The monthly Social Security benefit you're entitled to will be based on your personal earnings history -- specifically, the amount you earned during your 35 highest-paid years in the workforce. But the age at which you file for benefits will also dictate how much of a payout you collect each month.
Source Fool.com
