When Should You take Social Security?

For those wondering when is the best time to begin Receiving Your Social Security Benefits . . . Having Those funds Sooner Rather than Later Sounds Pretty Cool, but will that Really be your best approach? The answer depends on several things, such as:

  1. Your Life Expectancy (current health) . . .  

  2. Your Marital Status . . . 

  3. Your Level of Qualified Income . . . 

  4. Will You work Between Age 62 & Your Full Retirement Age?

  5. Other Sources of Income During Retirement

Just one of these factors can make a huge Difference!
 
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YOU DECIDE WHEN TO START COLLECTING BENEFITS

Deciding when to begin collecting benefits is a personal decision that you will make with your financial professional. Everybody’s situation is different because there are so many factors involved.

Don’t forget to take a long view. Americans are living longer than ever. It is estimated we’ve added nearly 30 years to the average life expectancy in a single century, and now the Social Security Administration expects a man currently 65 to live to be 84, while a woman the same age today can expect to live past 86. But, about one out of four adults 65 today will live past 90, and one in 10 will live past 95.

"What you don't know Can hurt you!" 

"You Create What Your Retirement Will Look Like By What You Do Today!

"If You Do Nothing You Have Nothing!"

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