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Here's How to Squeeze an Extra 24% Out of Social Security


Social Security is a vital program for older Americans. You may not fully appreciate it yet, but it lifts close to 10 million people out of poverty and provides 50% or more of retirement income for more than a third of older beneficiaries. It's likely to provide a lot of your retirement income, too.

You shouldn't just relax and expect to receive whatever Social Security sends you in the future, though, because there are multiple ways that you can increase your benefits. That's well worth doing, because otherwise, you may be surprised and disappointed in the size of your benefit checks: They recently averaged only about $1,560 per month.

Image source: Getty Images.

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Source Fool.com


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