Fears about Social Security's future shouldn't be the primary reason for claiming retirement benefits at 62, experts say.
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Will My Social Security Benefits Be Affected If I Work? Today’s Social Security beneficiaries may move in and out of the workforce before fully retiring. That may trigger a rule called the retirement earnings test, which can temporarily reduce benefits. [Blog Post] https://lnkd.in/gV7Zy_BW #lifeplanlegalaz #estateplanning #estateplanningattorney #queencreekaz #gilbertaz
Will My Social Security Benefits Be Affected If I Work?
https://lifeplanlegalaz.com
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We know waiting to claim Social Security benefits pays—to the tune of an extra 8% per year for every year after full retirement age, or 32% in total. Read More: https://ow.ly/Hncx50Pw6ZN #socialsecurity #scoialsecuritybenefits #retirementplanning
How Many People Wait to 70 to Maximize Social Security Benefits?
napa-net.org
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Waiting to claim Social Security retirement benefits can give you bigger monthly checks. Here's why experts say delaying up to age 70 pays off.
Just 10% plan to wait until age 70 to claim Social Security, survey finds. Why experts say it's often best to delay
cnbc.com
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Waiting to claim Social Security retirement benefits can give you bigger monthly checks. Here's why experts say delaying up to age 70 pays off.
Just 10% plan to wait until age 70 to claim Social Security, survey finds. Why experts say it's often best to delay
cnbc.com
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Be well aware of the lifelong financial consequences of claiming Social Security at various ages. Also be thoughtful on the type of financial advisor you may hire for that advice. This article discusses how an advisors compensation type (commission vs fee) may be a factor in the advice provided…
While lots of Americans don’t have the ability to actively choose when to claim Social Security retirement benefits, for those who are healthy, and have the means, considering delayed claiming for Social Security could be a solid option. Lorie Konish reviews some (award winning!) research by yours truly and Jason Fichtner, Ph.D. that was published in the Retirement Management Journal (link below) in this article for CNBC. Our analysis finds notable differences in household claiming ages based on the type of the financial advisor the household was working with; however, the aggregate claiming ages (across all advisor types) was lower than I would have hoped to see (I’m guessing Jason too)! Great quotes in article there from Joe Elsasser, CFP®! CNBC article: https://lnkd.in/gJJ2ah-R Research paper: https://lnkd.in/eRd6UbNg
Why your financial advisor may not give you the best Social Security claiming advice
cnbc.com
Retired
3wYou don't need to worry about our savings plan CNBC... all you fascists think about is controlling women and the social security administration.