Understanding the True Value of Your Social Security Benefit Upon Retirement
Thursday, 6 June 2024, 07:59
Insights from the Study on Social Security Benefits
According to a recent study, a significant number of individuals nearing retirement age are underestimating their annual Social Security benefits.
Key Findings:
- 50% of adults underestimate their benefit by more than $1,116
- 25% underestimate their benefit by more than $5,167
Proper financial planning is essential to ensure you make the most out of your Social Security benefit upon retirement.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.