How to Estimate Your Future Social Security Benefit

Nearly half (49%) of baby boomers expect to rely on Social Security benefits as their primary source of income in retirement, according to a survey from American Advisors Group, a reverse-mortgage lender. Because Social Security benefits could potentially make or break your retirement, it's crucial to maximize them. Fortunately, there's a simple way to determine your future benefit amount, and knowing this information can make retirement planning much easier.