In this video from the Motley Fool Answers podcast, Alison Southwick and Robert Brokamp welcome Sean Gates to the show as they answer listener questions.
This listener wants to know more about the country’s biggest entitlement program and how it works. The age you are when you start collecting Social Security sets the baseline for all of your future payments (with one minor caveat), and the earlier you start, the lower that monthly check will be.
A full transcript follows the video.