"Retirees should educate themselves on the various aspects of Social Security and get advice on what's best for their particular situation," said Williams. "And be sure to draft a financial plan that incorporates Social Security benefits along with other retirement income sources to provide a comprehensive roadmap for covering lifestyle needs, wants and wishes."
To view a copy of the full report, please visit: www.harrisbank.com/retirementinstitute
*Sources for all data and findings referenced in this release can be found in the report at www.harrisbank.com/retirementinstitute
BMO and BMO Financial Group are trade names used by Bank of Montreal. Estate planning requires legal assistance which Bank of Montreal and its affiliates do not provide. Please consult with your legal advisor.About the BMO Retirement Institute The BMO Retirement Institute, a part of BMO Financial Group, was established in 2008 to provide thought-provoking insight and financial strategies for individuals planning for, or currently in, their retirement years. SOURCE BMO Private Bank