GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.

These brands compensate us to advertise their products in ads across our site.

This compensation may impact how and where products appear on this site.

Confused woman making calculations

Commitment to Our Readers

GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.

you’ve got the option to read more about oureditorial guidelinesand our products and servicesreview methodology.

Here are some commonmistakes retirees make with their Social Security checks so you might hopefully avoid them.

facebook sharing button

The Social Security Administration gives people roughly a three-month window from utility to first receiving your checks.

The moral of the story is plan, plan, plan.

You cant afford enough time to plan appropriately for whats best for you and your family.

twitter sharing button

He shared that 74% of people over the age of 50 do not have a written financial plan.

Running financial projections is a big deal.

He considers this another aspect of poor planning.

linkedin sharing button

Not doing so means you risk running out of money because you live too long.

Most of these mistakes can be avoided with thoughtful planning and the help of a financial advisor.

More From GOBankingRates

Share This Article:

The Latest inRetirement

email sharing button