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Home Social Security

Plan For Your Future—National Financial Capability Month | Social Security Matters

by TheAdviserMagazine
1 month ago
in Social Security
Reading Time: 2 mins read
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Plan For Your Future—National Financial Capability Month | Social Security Matters
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April is National Financial Capability Month, a time to focus on building a secure financial future. Social Security is a vital part of your financial plan, and we offer a variety of resources and tools to help you make informed decisions about your retirement and overall financial wellness.

Knowledge is power and preparation starts with information

Learning about your benefits, how we calculate them, and the right time to retire will be key to your planned retirement is the first step to a secure tomorrow. Our publications Your Retirement Benefit: How It’s Determined and When To Start Receiving Retirement Benefits are powerful tools are you begin planning.

You should start planning now by reviewing your Social Security Statement and understanding your potential benefits. Social Security is not meant to be your only source of income in retirement. To live comfortably, you will probably need other savings, investments, pensions, or retirement accounts in addition to your Social Security benefits. Our infographic Anytime is the Right Time to Save for Your Future shares valuable information as you begin planning.

Your free and secure my Social Security account is here to help

Sign in to your personal my Social Security account to access your Social Security Statement. This easy-to-read summary shows your estimated retirement, disability, and survivors benefits.Explore the Plan for Retirement tool in your account to check various benefit estimate scenarios. Compare how different future earnings and retirement start dates impact your benefit amount.Take steps toward financial wellness by regularly reviewing your estimated benefits and planning for your future.

Sharing is caring

National Financial Capability Month is the perfect time to take charge of your financial future. Use Social Security’s resources and tools to make informed decisions and build a secure tomorrow.

You should encourage your friends and family to improve their financial knowledge and plan for their future by sharing this information and creating their personal my Social Security account.



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