2013 Retirement Resolution: Get Your Social Security Statement

Most of us will be relying — perhaps heavily — on Social Security when we retire. To get an idea of what that will mean for you, adopt this 2013 retirement resolution: get your Social Security statement.

Make this 2013 retirement resolution: get your Social Security statement.

2013 retirement resolution: get your Social Security statement

Most workers will no longer receive a paper Social Security statement in the mail. But now people age 18 and older can access their Social Security statements online. Take a few minutes to check that your earnings history has been property recorded and familiarize yourself with your expected Social Security payout. “Delaying Social Security makes sense for most people if you can afford to do it, because the payout escalates enormously for every year you wait between ages 62 and 70. That’s a return that is really hard to beat by putting your own money to work.”

In addition to increasing your Social Security payments, working longer has the added advantage of more earnings and — of course — more savings for retirement, so make this 2013 retirement resolution: get your Social Security statement.

Click here to learn more about 2013 retirement resolutions you should make.

Click here to visit the Social Security Administration set up your online account.

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