Financial 411 Blogs

With Robert Goldsmith



Part 2 Social Security

How Patience Could Pay Off

Approximately two-thirds of retirees claim benefits as soon as they turn 62 (referred to as "early retirement").

Did you realize that when you start collecting as soon as you are eligible, you surrender 25% of your full Social Security retirement benefit?

Social Security is one of the most powerful financial assets you have. It’s a tax-favored income, guaranteed for life, indexed for inflation and can never be reduced. Are you sure you want to take a 25% reduction in your monthly payment?

Watch this short video to learn how you can avoid these penalties and receive everything you're entitled to.

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Financial 411, Robert Goldsmith, and Deanna Goldsmith are representatives of Financial Fitness & Insurance Servcies, LLC, a Nevada Corporation.  Robert has been a licensed insurance and financial professional since 1982 and is a member of the National Ethics Association and National Association of Professional Agents.  Deanna Goldsmith is also a member of the National Association of Professional agents and has earned her certificate as a National Social Security Advisor. Deanna Goldsmith has been a licensed insurance professional since 2003. Financial Fitness & Insurance Services, LLC, Robert Goldsmith, and Deanna Goldsmith do not provide legal or tax advice, any information perceived as legal or tax advice is purely consequential.  For legal or tax advice you should always consult a licensed tax advisor or attorney.