Social Security: Half of Adults Are Making This Critical Mistake That Could Hurt Their Benefits
Social Security can be complicated and confusing, but not knowing the ins and outs of the program could potentially hurt your monthly payments.
Considering around 41% of baby boomers are relying on their benefits as their primary income source in retirement, according to a 2023 report from the Transamerica Center for Retirement Studies, even minor misunderstandings could be costly.
While you don't need to know every single detail about how Social Security works, there's one mistake that around half of U.S. adults are making -- and it could potentially hurt your chances at a comfortable retirement.
Source Fool.com