Business
Social Security will provide 40% of the average retiree's income. Medicare will help cover a wide array of medical expenses in retirement for most Americans. Yet, for all their popularity and value, Social Security and Medicare remain two of the most misunderstood and confusing retirement programs. In this episode, we examine the difference between Social Security spousal and survivor benefits, how the year you retire could be bad news for your Medicare premiums, and some strategies for maximizing your Social Security income.