Retirement is when most people are assumed to be living on a “fixed income.” Well, yes, Social Security checks can remain fixed for a few years, though they do rise over time to keep up with inflation. Some other income sources, such as bonds, might also offer fixed income.
Fortunately, though, there are plenty of ways that you can increase your retirement income, to make it less fixed. You can even employ a Social Security strategy or two to make your future checks bigger.