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More Thoughts on the “When to File” Question…Age 62 Might Not Be All That Wrong? - The Motley Fool; AMAC Foundation
When to file for Social Security benefits is one of the more daunting decisions seniors in their early 60s need to make. In fact, here at the AMAC Foundation Social Security Advisory Service, it’s one of the top questions we field every year. Our responses focus on first understanding the available options and their consequences, and then assessing your personal situation and how these consequences align with your health, family longevity, financial resources, etc. This is a big decision for many people, and we stress that, especially for married couples, it needs to be made with consideration of all those affected.
So, with all of that in mind, check out this post by The Motley Fool’s Maurie Backman in which she examines the tradeoffs associated with the timing of this decision, along with the need for flexible thinking before “pulling the plug.” And if you need any assistance as you ponder your options, know that the AMAC Foundation Social Security Advisory Service is available free of charge. Learn more about this service and how to access it here.