Fewer Than One in 10 Americans Knows How to Maximize Social Security Benefits

According to a recent survey conducted by Nationwide, just 6% of survey respondents could accurately identify the four factors that would maximize their Social Security benefits.

This is a huge problem, as Social Security is a primary income source for many retirees -- and is most people's only guaranteed source of lifetime income. Not knowing how to maximize benefits can leave seniors inadvertently shrinking their checks, which could lead to financial struggles throughout retirement.

Here's what you need to know about maximizing Social Security

Source Fool.com