The Traderszone Network

Published in TZ Latest News 11 November, 2017 by The TZ Newswire Staff

Social Security at Age 70: 4 Claiming Scenarios That Make Sense

How important is Social Security to the average retired worker? According to the Social Security Administration (SSA), 62% of retired workers who are currently receiving benefits count on their monthly stipend for at least half their income. Around a third (34%) rely on Social Security for practically all of their monthly income (90% or more). In other words, without this income, we’d probably see the poverty rate among seniors skyrocket.

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