Workers: Did You Know You Can Boost Your Social Security Benefits by Over 30%?
The average Social Security retirement beneficiary receives about $1,413 per month in benefits, or just under $17,000 per year. But what if I told you these retirees could instead be collecting $1,837 per month in benefits, or over $22,000 per year?
It's possible to boost your Social Security earnings by over 30%, and it's easier than you may think. The secret is delayed retirement: By waiting a few extra years to start claiming your Social Security benefits, you'll be rewarded with fatter checks once you do start receiving those benefits.
Image source: Getty Images.
Source: Fool.com