GOLDEN VALLEY, Minn. - Social Security headlines can be scary and stressful. “Is Social Security going to run out?” “What you don’t know could cost you!” But how accurate is this information? Justin Halverson from Great Waters Financial debunks 5 of the biggest Social Security myths.
Social Security Myths
Myth #1: Social Security is going to run out by the time I need it.
Myth #2: I should start taking Social Security on my 65th birthday.
Myth #3: Social Security is all I need for retirement.
Myth #4: I won’t pay taxes on Social Security.
Myth #5: I’m too young to worry about Social Security.