We make every mistake. We make non-financial, such as brewing caffeinated coffee in the evening when we thought to brew some decaffeinated and economical, for example, not saving and investing enough to build a sufficient war chest for retirement.
Another mistake that shortchanges our comfort in retirement is an error we make related to social security schemes. It is dangerous, as 48% of older recipients of debt and 69% of unmarried people receive 50% or more of their income, according to SSA.
Here are five security mistakes that many people make. You can do one or more without knowing it.
: Do not create a "My Social Security" account
If you have not yet created a "My Social Security" account on the SSA site, you should – for several reasons. First, this is where you can look up estimates of future benefits at any time and see the SSA's revenue and taxes statement paid into the social security system.
It's also good to set up this account as soon as possible because if you don't, an identity thief can. There is a way that villains cause massive headaches for many Americans – posing like them online and trying to get their social security benefits.
No. 2: Do not check your earnings log
While you are in your account number, review this listing of your earnings throughout the workplace and see if it looks right. If you keep good records, you can actually check it closely.
It is smart to review the record now and then so you can see any errors and get them fixed. If the record does not reflect all of your earnings when it comes time to calculate (and pay!) Your benefits, you will be shortchanged.
No. 3: Not knowing "full retirement age"
You should also find out your "full" retirement age. It's the age where you can begin to gather the full benefits you are entitled to. It is important to know that age because it is likely to be an important part of any strategic social security that you can do. The full retirement age was previously 65 for all, but now there are 66, 67 or a space for most people: ] 65 and 4 months  and 6 months  and 8 months
] 65 and 6 months
1943-1954 66   and 2 months
66 and 4 months
66 and 6 months
66 and 6 months
1958 and 8 months
66 and 10 months
1960 and later