When It Comes to Social Security, Focus On What You Can Control

  Even if you don’t plan to rely primarily on Social Security for income in retirement, it’s still an important part of your retirement plan. Despite its importance, only 4% of retirees claim Social Security benefits at the optimal time, losing out on an average of $111,000 per household, according to a recent study.[1] You [...]

By |2020-08-10T13:09:22+00:00August 10th, 2020|Social Security|0 Comments

Should You Claim Social Security Early Due to Financial Hardship?

If your financial or employment situation has changed due to coronavirus, you may be rethinking your Social Security claiming strategy. While you can claim Social Security benefits as early as age 62, you will receive a permanently smaller benefit. If you wait to claim past your full retirement age, your benefit will increase by 6 [...]

By |2020-06-09T16:53:15+00:00May 18th, 2020|Financial Planning, Social Security|0 Comments