1: Choosing early retirement can lead to reduced benefits and lower monthly payments.

2: Failing to work for at least 35 years can result in lower Social Security payments.

3: Not considering spousal benefits can cause missed opportunities for increased income.

4: Deciding not to wait until full retirement age can result in reduced benefits.

5: Not understanding the impact of inflation on Social Security payments can lead to financial strain.

6: Overlooking survivor benefits can mean lost income for a spouse or dependent.

7: Delaying claiming can lead to missed opportunities for increased monthly payments.

8: Not factoring in taxes on Social Security benefits can result in unexpected costs.

9: Failing to plan for healthcare costs in retirement can erode Social Security benefits.

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