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Kiplinger
Kiplinger
Business
Tony Drake, CFP®, Investment Advisor Representative

UNCOVERED: Four social security myths debunked - The Untold Story

An older woman looks thoughtful while she sits in front of her laptop in the kitchen and looks into the distance.

Collecting Social Security benefits is an important part of every retirement income plan, but the process can be complicated and hard to understand. Recent headlines surrounding Social Security are adding to the confusion and might be worrisome for the millions planning to retire in the coming years. From how the benefits work to when to begin taking them, misunderstandings and myths are common. Here are some (along with why they’re not true):

1. Social Security will run out of money before I retire.

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