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3 Social Security Strategies That Could Increase Your Monthly Checks


For most retirees, Social Security benefits are only designed to replace approximately 40% of your pre-retirement income. However, many seniors are depending on their benefits to cover the majority of their bills.

Roughly 1 in 5 married couples and close to half of unmarried individuals rely on their monthly checks for at least 90% of their income in retirement, according to the Social Security Administration. For these retirees, there's a lot riding on Social Security benefits -- and the size of those checks can potentially make or break retirement.

Whether you're going to be relying on Social Security to make ends meet or you simply want to increase the size of your checks, there are a few strategies that can boost your benefits.

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Source Fool.com


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