If I Could Tell All Retirees 1 Thing About Social Security, I'd Say to Do This Before You Claim Benefits

Retirement requires loads of preparation, and one of the most important parts is planning for how Social Security will fit into the picture. Most retirees will rely on their benefits to some extent, and for many, it's a significant source of income.

The more you can plan for Social Security, the better your chances of maximizing your benefits. While the program can be complex and confusing, there's one crucial -- but often misunderstood -- aspect to know before you file.

The age you begin claiming benefits will directly affect how much you receive each month.

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Source Fool.com