3 Social Security Strategies to Bankroll Your Retirement
All you really have to do to claim Social Security is work, wait until you're at least 62, and fill out an application. But if you want to get the largest possible benefit, there's a bit more strategy involved. Here are three steps you should take right now so you can enjoy bigger Social Security checks in retirement.
The government bases your Social Security benefit on your average monthly income over your 35 highest-earning years, adjusted for inflation. So anything you can do to increase your income today -- asking for a raise, switching employers, starting a side hustle, etc. -- will help you get larger Social Security checks in retirement.
Image source: Getty Images.
Source Fool.com
