13 most frequently asked retirement questions

If retirement is looming in your future, you may wonder about how exactly this next phase of your life will play out. From when to start collecting benefits to how exactly money will end up in your bank account each month, the process of starting retirement can seem like a mystery. To help you understand the key milestones of retirement and allocate funds strategically, you should assess your own financial situation and consider the best ways to maximize benefits.

Read on for answers to common questions and tips for a comfortable and fulfilling retirement.

[See: 10 Ways to Increase Your Social Security Payments.]

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13 Most Frequently Asked Retirement Questions originally appeared on usnews.com