On average, Social Security makes up 38% of an
individual’s retirement. That’s why it’s important to know the rules of Social Security
and how to use them to your advantage.
On average, Social Security makes up 38% of an individual’s retirement. That’s why it’s important to know the rules of Social Security and how to use them to your advantage.
You’ve paid into it your entire life. It is time to learn how you can get the most out of your Social Security. The biggest conundrum with Social Security is, if you look at it as a stand-alone income stream, you could be compromising hundreds of thousands of dollars in your plan. How much you will receive is just as important to know as when you should file to start receiving your benefit. As a general rule, if you file too early, your income is hurting. If you file too late, your hurting your estate.
Whatever is most important to you, we can help quantify that goal. Using Social Security as a tool within your retirement distribution plan is critical in getting the most out of your retirement.
We have found that most individuals or families should not file at full retirement age or 70 years old. Mathematically speaking, when accounting for the other aspects of your plan, the optimal time to file falls in between full retirement age and 70 if you want the maximum income. If you want to focus on your estate, it may be different.
Find out when your optimal file date is and how much more money you can have as income as well as how much more you can preserve in your estate by visiting us today!
Social Security – When Do I File?
On average, Social Security makes up approximately 38% of an individual’s retirement. With hundreds of thousands of dollars on the line throughout your retirement, and a big portion of your retirement income, it makes sense you would want clarity on when you should file for Social Security benefits. Download to help gain clarity on what is best for you while maximizing your Social Security benefits and your retirement income.