Want More Out of Social Security? Taking Advantage of This Trend Could Be Your Ticket to It
Even if you manage to build yourself a nice nest egg for retirement, there's a good chance you'll end up depending on Social Security to a pretty large degree once your time in the labor force comes to an end. And so it's best to do what you can to snag the highest monthly benefit you're eligible for.
One way to get more money out of Social Security is to claim benefits strategically. Filing for Social Security at age 70, for example, could leave you with a much higher monthly benefit than signing up at an earlier age.
But there's a step you can take today to carve out a higher Social Security benefit for life. And it's a move that might also help your near-term financial picture improve tremendously.
Source Fool.com
