Retired in America

Your Guide to a Confident Retirement

  • Home
  • Personal finance
  • Retirement Life
  • Saving & Spending

11 Social Security Mistakes That Could Ruin Your Retirement

October 30, 2019 · Personal finance

10. Not understanding how work affects Social Security

Claiming early retirement can save you in a pinch, but before you make that decision, consider the downfalls. It will cost you $1 for every $2 you make over $17,640 in 2019 if you’ve not reached full retirement age yet. 
Yes, it’s true, you could earn it back. But you never know when an emergency might occur and not having any benefits to rely on can put you in serious harm. For every month’s worth of benefits you give up on you will get credit for an additional month of work, though. 

Pages: 1 2 3 4 5 6 7 8 9 10 11 12 13

Share this article

Facebook Twitter Pinterest LinkedIn Email

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

Latest Posts

  • An older couple in a cozy living room reviews a bank statement with a magnifying glass as paper money-airplanes float up. 10 Subscription Services Retirees Are Cancelling to Save Money
  • A female retiree sitting at her sunlit dining table with a health planner and pen, reflecting on her retirement healthcare plan. The Medicare Preventive Services Most Retirees Never Use
  • An older couple smiling as they unpack boxes in a sunlit living room with desert views outside. What Happens to Your Medicare If You Move to a Different State
  • An illustration of a retired man stepping off a calendar page onto green stepping stones labeled Special Enrollment. The Medicare Special Enrollment Periods Most Retirees Never Use
  • A retired man at his wooden kitchen table examines a prescription pill bottle alongside documents and a calculator in morning light. Why Your Medicare Part D Plan Might Cost More Next Year
  • A gouache illustration of a retired couple on a porch looking at a glowing path emerging from an envelope, symbolizing a path forward. The IRMAA Appeal Most Retirees Don't Know They Can File
  • Ink and watercolor illustration of reading glasses, an apple, and a hearing aid case on a wooden table. What Medicare Actually Covers for Dental, Vision, and Hearing
  • An editorial ink and watercolor illustration of an older adult standing before a giant calendar marked 65, symbolizing Medicare timing. The Medicare Enrollment Mistake That Triggers a Lifetime Penalty
  • An older couple enjoys lunch on a sunny stone terrace overlooking a coastal Portuguese town with terracotta roofs and a blue sea. This European Country Lets Retirees Live on Half Their US Budget
  • A grandmother stands quietly in a cozy kitchen while her adult daughter feeds a toddler at the table, capturing a subtle family moment. 10 Signs You're Overstepping as a Grandparent

Newsletter

Get retirement planning tips, savings strategies, and lifestyle insights delivered to your inbox.

Related Articles

5 Major Financial Decisions Most Retirees Wish They Could Change

Learn How To Make Money Doing the Things You Enjoy We cannot go back in…

Read More →

9 Retirement Statistics That Will Help You Prepare Your Nest Egg!

This modern cottage with large windows and a fire pit illustrates the luxurious potential of…

Read More →

10 USA Cities With Rents Under $1000 for Seniors

Discover 10 vibrant, safe, and affordable US cities where seniors can easily find comfortable apartments…

Read More →

11 States With the Best/Worst Social Security Checks in 2022

Kentucky – Last year, the 635,809 Kentucky citizens that were relying on Social Security received $1,486.85…

Read More →
An older man happily restoring a wooden chair in his sunlit home workshop, symbolizing flexible and rewarding part-time work.

8 Flexible Part-Time Work That Won’t Affect Your SS Benefits

Discover 8 highly flexible part-time jobs for retirees that allow you to boost your income…

Read More →
An illustration of a retired couple standing on their sunny porch, looking out at a garden, symbolizing financial peace of mind.

Here’s How Much Money Retirees Could Keep if Social Security Taxes End

Discover exactly how much money you could save if the federal government eliminates taxes on…

Read More →
An illustration of an older couple walking along a path toward markers labeled 62, 67, and 70, representing retirement claiming ages.

The Social Security Questions Retirees Keep Asking

Get practical answers to the most confusing Social Security questions covering claiming timing, taxes, survivor…

Read More →

When Will Your Social Security Checks Arrive? (What Beneficiaries Should Know)

Full Retirement Age in 2026 The Social Security full retirement age (FRA) has gradually increased…

Read More →
An older man confidently using a laptop in a sunlit home office, symbolizing digital security.

7 Common Passwords To Avoid

Learn why common passwords leave retirees vulnerable to fraud and discover practical cybersecurity strategies to…

Read More →
Retired in America

Your Guide to a Confident Retirement

Inedit Agency S.R.L.
Bucharest, Romania

contact@retiredinamerica.com

Trust & Legal

About Us

Editorial Policy

Advertiser Disclosure

Frequently Asked Questions

Contact Us

Disclaimer

Terms and Conditions

Privacy Policy

Subscribe

Unsubscribe

Categories

  • Personal finance
  • Retirement Life
  • Saving & Spending

© 2026 Retired in America. All rights reserved.