This 1 Simple Move Prevents a 30% Cut to Your Retirement Income
Most retirees have only a finite amount of funds to live on, as paychecks stop coming in and investment accounts only go so far. As a result, seniors need to understand how the decisions they make could affect the money they have available.
One of the most important of those decisions relates to when they claim Social Security. That's because your choice of when to start retirement benefits could result in as much as a 30% cut to your monthly checks in some circumstances.
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Source Fool.com
