Social Security: How it works and optimal claiming strategies

#50: Social Security is crucial to American retirement. 1 in 5 Americans and 1 in 4 families depend on it. That’s 65M people who will collect $1 trillion in Social Security benefits in 2020. I said, $1 trillion. With this massive of an entitlement program, it serves you well to understand how it works in gory detail so you can maximize your benefits. Sound good? (If you’re a youngster, don’t glaze your eyes over…you may think Social Security is not relevant to you anytime soon, but what ...