These Mistakes Could Slash Your Social Security Benefits for Life
Senior living costs continue rising, and as such, many retirees rely heavily on Social Security for help keeping up. In fact, Social Security pays the average recipient today $1,461 a month -- perhaps not enough to live on, but enough to make unavoidable expenses far more manageable.
No matter how much you stand to collect from Social Security when it's your turn to retire, the last thing you want to do is reduce your benefits and struggle throughout retirement as a result. But if you fall victim to these mistakes, that's exactly what might happen.
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