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Kiplinger
Kiplinger
Business
Vincent Birardi, CFP®, AIF®, MBA

Happy Birthday, Social Security: Celebrate by Avoiding These Three Mistakes

Happy birthday spelled out in lit candles on a birthday cake.

As today (Aug. 14) marks the 88th anniversary of our national Social Security system, we can revel in the fact that millions of Americans have been afforded financial protection in their retirement years. Unfortunately, that level of protection has waned due to several factors, including longer average life spans, a shift in the balance of contributions and the withdrawing benefits of the Social Security system.

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