Our daily roundup of retirement news your clients may be thinking about.

Helping clients avoid Social Security mistakes Many people have wrong understanding of the importance of Social Security in their retirement income as a whole and leave substantial amount of money on the table by filing for benefits too early just to secure their finances in the early years of retirement, says Mike Prendergast, director of Altfest Personal Wealth Management. As such, he provides an analysis for clients to see how their benefits' value grow if they opt to defer claiming their benefits. "It can make a meaningful difference in someone's quality of life," he says.  --The Wall Street Journal

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