Avoid This Social Security Mistake: Protect Your Financial Future
One must find out if living long enough to benefit from a delayed filing is guaranteed. The monthly Social Security benefit you receive is based on your lifetime earnings, specifically the income earned during your 35 most profitable years in the workforce. However, the age at which you file will also determine the monthly amount you receive from Social Security. If you were born in 1960 or later, once you reach the full retirement age …