The quick answer: It's hard to say. And that's why you should take steps to ensure that you don't really have to worry about it.
Before you rush to file for benefits, consider the many advantages of waiting.
Seniors will only be getting a 1.6% boost in their benefits, which pales in comparison to the 2.8% COLA they received going into 2019.
Your benefits are generally tied to your work history. But in some cases, you can collect benefits even if you don't have one.
It's time for a much-needed reality check.
Before you rush to claim benefits ahead of schedule, understand what that might actually mean for your retirement.
Here's what to do if you're one of them.
Benefits aren't disappearing, but they may be in trouble.
Are benefits really in trouble? And if so, to what extent?
Social Security's wage cap is once again going up, which means high-income individuals will lose more money to taxes.
A frightening 53% of U.S. workers have skipped or postponed medical appointments, tests, procedures, medications, and hospital stays to avoid having to pay for them.
Overspending is becoming a troubling trend in the U.S.
The younger you are, the harder it is to land on an accurate number.
A health savings account, or HSA, is a hybrid savings and investment account earmarked for healthcare costs.
There's a benefit to living in a city, but it shouldn't compromise your financial wellbeing.
The program's future is looking iffy, so it's no wonder Americans are concerned.
Though waiting on benefits often pays off, in these situations, it doesn't.
Don't file for benefits until you've addressed each and every one of these.
You'll often hear that it pays to wait on claiming benefits -- but that's not always true.
If you're not careful, you could end up with less money from Social Security than you'd otherwise be entitled to.