More than 51 million people aged 65 or older are collecting Social Security retirement benefits, and you'll likely be one of them in the future (unless you already are). Social Security benefits make up nearly a third of the income of the elderly, so they may be vital to your retirement. 

Thus, its good to understand how Social Security works and what steps you might take to increase your benefit checks, as the size of your benefits is partly under your control.

Image source: Getty Images.

Continue reading

Source Fool.com