President Franklin D. Roosevelt signed Social Security into law in 1935. Photo: AP

Retirement advisors regularly take continuing education courses to stay on top of their game but the need to incorporate planning for Social Security into their practices has left many of them behind the eight ball.

With retirement plan savings coming up short for many Americans, helping clients understand when might be best to begin to draw Social Security benefits has become a hot-button practice area. Even wealthier retirees — a vital demographic for growing an advisory business – depend on Social Security income. Moreover, the right Social Security claiming strategy can mean the differences of hundreds of thousands of dollars for some Americans. 

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