Getting the most out of Social Security is an essential part of planning for your retirement finances. But deciding how to coordinate benefits among married couples can get extremely complicated. With decisions affecting not just you but your entire family, you can't afford to make mistakes.
In the following video, Fool contributor and retirement expert Dan Caplinger goes through a key Social Security strategy for married couples to consider. By following this strategy, couples can open the door to receiving some benefits now while boosting their monthly payments later. Dan goes through the strategy and gives some pointers on which retirees can get the most benefit from using it.
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The article The Smart Social Security Strategy You Need to Know About originally appeared on Fool.com.
Fool contributor Dan Caplinger doesn't have any position in any stocks mentioned. You can follow Dan on Twitter @DanCaplinger.Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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