Business Intelligence | From W.D. Strategies on MSN

How timing your Social Security claim can change your net worth

Most people think about Social Security as simple math. You hit a certain age, you file, you collect. Done. Reality is ...
Retirement planner Dana Anspach explains why timing Social Security benefits requires more than rules of thumb or recent ...
Now you'll often hear that if you're in good health going into retirement, it pays to delay Social Security until 70. The ...
A 44% reduction in monthly income is highly consequential in retirement. According to the Urban Institute, early claims ...
How much Social Security income spouses receive depends on their claim age and the primary insurance amount (PIA) of their ...
In most cases, delaying Social Security benefits is a smart choice for retirees. While benefits can be claimed starting at 62 ...
As you approach retirement, you may end up facing some tough choices. Where should you live? Should you stay in your home or downsize for the savings? And when should you start taking withdrawals from ...
Baby Boomers are making a big mistake when it comes to Social Security. Unfortunately, it is a mistake that could cost them ...
Social Security benefits are often the foundation of Americans’ retirement income, especially for those with limited savings. But the Social Security system is facing a significant financial shortfall ...
The earliest age to sign up for Social Security is 62. If you take benefits at 62, you’ll reduce them on a permanent basis. Filing for benefits at 62 makes sense, according to one expert — with a ...
Waiting to claim Social Security benefits until age 70 would maximize your retirement income and secure a stronger financial future. But for many retirees, it's not an option.
By Russell Gloor, National Social Security Advisor at the AMAC Foundation, the non-profit arm of the Association of Mature ...