These 3 Moves Will Slash Your Social Security Paycheck
How heavily will you depend on Social Security in retirement? The extent to which you do will hinge on different factors, like how much savings you amass by that point.
But either way, you'd probably rather get as much money from Social Security as you can. These moves, however, will have the opposite effect -- they could leave you with less income to enjoy throughout your senior years.
Some people assume that Social Security pays all seniors the same monthly benefit, but that's not how the program works. Your specific benefit is calculated using a special formula that factors in your 35 highest-paid years of earnings.
Source Fool.com
