The Work Decisions You're Making Now Could Affect Your Social Security Later

Your Social Security benefits are probably going to be very important to your financial security as a senior. Those benefits will continue to pay you for as long as you're alive, so you won't need to worry about your account running dry later in your senior years.While benefits don't perfectly keep pace with inflation, they do increase as prices rise due to periodic cost-of-living adjustments (COLAs), so you can maintain at least most of your buying power. Since Social Security benefits are a reliable and safe source of funds for most people, trying to maximize these benefits makes good sense.Unfortunately, if you are currently working, you could be making decisions right now that reduce the amount of money Social Security provides to you later. Here's what you need to know about how today's decisions affect the benefits you'll be collecting in your later years.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool