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The Importance of Social Security for Baby Boomers’ Retirement

Social Security is a cornerstone of the American Retirement system, providing financial support to millions of retired workers, disabled individuals, and survivors of deceased workers. For the Baby Boomer Generation, Social Security plays a crucial role in their financial stability during retirement. The Baby Boomer generation has a unique relationship with Social Security.

As the largest generation in American history, their entry into retirement is creating significant financial and demographic pressures on the system. This section explores during their golden years how seniors are using their monthly social security checks, where can you live on your social security payments, the strain on the social security system and the financial challenges of social security payments in the future, and when should you actually begin taking your social security

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