21 Nov 2020 | Here is a social security misconception to be aware of

A "It's never too late to retire early" How do the Bidens get so much more social security than most? Image Source: The Motley Fool President-elect Joe Biden and his wife received a combined $52,595 in Social Security benefits in 2019. While this may not seem like much compared to their combined annual income of $944,737 that year, it's a lot more than the typical senior couple received. Social Security's data indicated an older couple receiving benefits in 2019 would receive an average of $29,892 per year.  That means the Biden's beat the average by $22,703. There's a simple reason they get so much more money than most. The best tech investors know this stock is a must-have Recommended Link: 5G and "AI" are all the rage…   But here's what you likely don't know:   The world's best investors are lining up behind an explosive new technology that could trump them all. Warren Buffett calls it "ingenious." Headlines you shouldn't miss Where is the best county to retire in every state? How your social security benefits can increase next year Here is a social security misconception to be aware of This is how much most older adults have in retirement savings How a retirement plan withdrawal could affect your Social Security benefits   How do your retirement savings stack up against others your age?   It's never too late to start saving,   Gordon Fox     P.S.   Know someone who'd love the Late Investor? Be sure to send them to this link so they can get signed up: investinglate.com   The Late Investor, 20 N. Orange Avenue, 32801, Orlando, United States You can unsubscribe here any time.