Receiving Social Security benefits each month is vitally important for American retirees living on a fixed income. According to the Social Security Administration (SSA), a whopping half of those who have reached the full retirement age of 67 rely on Social Security benefits for at least 50% of their family income, and 25% rely on it for at least 90% of their income.
Learn More: 3 Little-Known Social Security Rules That Could Save You Thousands
