9 things retirees should never keep in their wallets

Social Security Card

Whether you’ve already started collecting Social Security or soon will, it’s good to know where your Social Security card is located. Just don’t locate it in your wallet.

Your nine-digit Social Security number is all a savvy ID thief needs to open new credit card accounts or take out loans in your name. ID-theft experts say your Social Security card is the absolute worst item to carry around.

Once you’ve removed your card, look for anything else that may contain your SSN — or your spouse’s or children’s Social Security numbers (some of us stow those away, too). Since December 2005, states can no longer display your Social Security number on newly issued driver’s licenses, state ID cards and motor-vehicle registrations. Some of us old-timers may still have an older photo ID, plus some states issue motor-vehicle licenses for 10-year periods. What to do? Request a new card prior to the expiration date. There might be an additional fee, but it’s worth it to protect your identity.