Many seniors end up retiring without a whole lot of money in savings. People in that boat commonly wind up very dependent on Social Security to cover many of their senior living expenses.

But what if you're in the opposite situation? Maybe you saved and invested so well throughout your career that you're now sitting on millions of dollars in savings. If that's the case, then the monthly benefit you collect from Social Security in retirement will probably end up being a fairly negligible amount of income for you.

But that doesn't mean you shouldn't try to land on the right filing age. The question is: What does that mean for you?

Continue reading

Source Fool.com