Are you fully aware of your future Social Security benefits? According to the National Institute on Retirement Security, only 11% of Americans who are not retired know the exact amount of benefits they will receive. This lack of knowledge can be detrimental to your retirement planning.
At Extreme Investor Network, we believe it is crucial for individuals of all ages to stay informed about their Social Security benefits. By taking a proactive approach, you can ensure a more secure financial future for yourself. In fact, experts recommend checking your Social Security statement regularly to avoid any errors in your earnings history.
Did you know that you can easily access your Social Security benefit estimate online? By creating a “My Social Security” account, you can get a personalized view of your future benefits. This valuable tool allows you to see how cost-of-living adjustments and wage increases will impact your monthly checks.
But why wait until retirement to start planning? Even if you’re years away from leaving the workforce, understanding your Social Security benefits can help you make informed financial decisions now. By knowing how much of your income will be replaced by Social Security in retirement, you can better prepare for the future.
At Extreme Investor Network, we want to empower you to take control of your financial well-being. By staying informed about your Social Security benefits and monitoring your earnings history, you can set yourself up for a more secure retirement. Don’t let uncertainty hold you back – start planning for your future today.