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Don't let your Social Security check go on vacation

 

Last updated 4/19/2019 at 7:05am

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While Social Security is guaranteed income, if seniors are wise about how they leverage it, they can have even more guaranteed income.

BOCA RATON, Fla. – Most people on Social Security need that check every month to buy groceries and to keep a roof over their heads, but believe it or not, for a fortunate few that check is essentially bonus money, totally unnecessary for day-to-day survival.

"That situation is not as unusual as many may think," Jeffrey Eglow, the chief investment officer for Guardian Wealth Advisory, said. "Some people may have inherited an income, won a lottery or had investments that did really well. 

"But just because they don't need that Social Security money to live on, it doesn't mean they should...



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