Do You Know Your Options for Maximizing Social Security Benefits?
A significant aspect of planning for retirement security is developing a smart retirement income strategy. For many people, Social Security plays a foundational role. In recent years, Social Security benefits have accounted for approximately 30% of retirees’ total income. However, for 42% of women, Social Security represents 50% or more of their income in retirement. And with the various factors unique to women’s lives – such as longer life expectancy, lower lifetime earnings, and potential career interruptions – it’s imperative that women are strategic and deliberate in maximizing Social Security benefits. Below, we’ll review several steps you can take to make the […]