How to Estimate Your Future Social Security Benefit
Nearly half (49%) of baby boomers expect to rely on Social Security benefits as their primary source of income in retirement, according to a survey from American Advisors Group, a reverse-mortgage lender.
Because Social Security benefits could potentially make or break your retirement, it's crucial to maximize them. That begins with knowing how much you can expect to receive, because it's tough to plan for retirement if you don't know what your future monthly checks will look like.
Fortunately, there's a simple way to determine your future benefit amount, and knowing this information can make retirement planning much easier.
Source Fool.com
