Millions of seniors today collect a monthly benefit from Social Security. For some people, that benefit represents the bulk of their income. For others, it's maybe half or less.

Now ideally, you'll end up in a scenario in retirement where you're not overly reliant on Social Security. But it's still important to make sure you're getting enough money from the program to cover your expenses. And part of that ties into filing for benefits at the right age.

The monthly benefit you're eligible to receive in retirement will be based on your personal wage history. But your filing age will determine whether you receive that benefit in full or whether it's reduced or boosted.

Continue reading

Source Fool.com