More than a quarter of Americans have no retirement savings or pensions, according to a 2018 Federal Reserve study. That means they'll need to rely on Social Security to fund their retirement, which makes those benefits ultra-important. With that in mind, we asked advisors through the Financial Planning Association and XY Planning Network about the biggest mistakes they've seen clients make regarding Social Security. Several mentioned claiming benefits before full retirement age or even age 70 — a decision that results in a lower monthly benefit — but also gave other perspectives on that theme. Others went beyond, pointing out some key errors advisors should make sure their clients don't make. See the gallery above for those mistakes. READ MORE:

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