Worried Social Security Won't Pay You Enough? This Simple Move Could Give You an 8% Raise

Many seniors today rely on Social Security to cover their bills. But if you plan on Social Security providing the majority of your retirement income, you may wind up disappointed and cash-strapped.

As of July 2021, the average senior on Social Security was receiving about $1,557 each month. If you can't imagine being able to pay your bills on that sum, then it's imperative that you start socking money away in a retirement savings plan as soon as possible.

That said, there is a way for you to grow your monthly benefit and eke out more money from Social Security. In fact, this very simple move could raise your benefit by a cool 8%.

Source Fool.com