Big Retirement Mistake: Thinking You Know When To Claim Social Security, When You Don't

wochit news
March 11, 2014 AT 8:55 AM
Think you know enough about Social Security to make the best decision about when to claim your benefits? Join the crowd. In a just released survey of 55 and older workers, 24% say they are “very confident” and another 53% described themselves as “somewhat confident” that they know enough to make that big decision. The catch is, when the same people took an eight question quiz about crucial Social Security rules, just 5% got all the answers right.