Another Viewpoint on the Early Filing Decision Dilemma
Most financial advisors, along with hoards of general advice documents circulating on the internet and other media channels, take the stance that filing for Social Security retirement benefits at the earliest opportunity–age 62–is generally a bad move. The discount, of course, is severe (as much as 30% for filers with a full retirement age of 67) and, perhaps more importantly, it’s a decision that will be with you for the3 rest of your life. Still, there are situations where it makes sense to consider, as explained in a post by The Motley Fool’s Maurie Backman in a post on mooresvilletribune.com. Check it out here, and if you still have questions about this matter, feel free to contact the AMAC Foundation’s free-to-the-public Social Security Advisory Service, where a staff of accredited advisors is available to help you.