3 Reasons Your Social Security Benefits Might Shrink

Many retirees today rely heavily on Social Security to cover their living expenses. And there's a good chance you'll wind up in the same boat.That's why it's a good idea to get an estimate of your monthly Social Security benefit ahead of retirement. And there's a fairly easy way to go about that.All you need to do is create an account on the Social Security Administration's website and access your most recent earnings statement. It should contain a summary of your wages as well as the projected benefit you'll receive in the future.Continue reading

Mar 4, 2025 - 09:55
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3 Reasons Your Social Security Benefits Might Shrink

Many retirees today rely heavily on Social Security to cover their living expenses. And there's a good chance you'll wind up in the same boat.

That's why it's a good idea to get an estimate of your monthly Social Security benefit ahead of retirement. And there's a fairly easy way to go about that.

All you need to do is create an account on the Social Security Administration's website and access your most recent earnings statement. It should contain a summary of your wages as well as the projected benefit you'll receive in the future.

Continue reading