Author: Maurie Backman, The Motley Fool

Many seniors plan to apply for benefits upon leaving their jobs, but that could be a mistake for several reasons.

Hint: It’s a common one this time of year.

Americans are accumulating more than ever before in their IRAs and 401(k)s — but that doesn’t necessarily mean they’re set for their golden years.

And why you should be making it too.

Ready to retire? Here are the various perks you have to look forward to as a senior.