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Assessing the “When to File” Question in the Face of Projected Benefit Cuts
The persistent question of when to claim Social Security retirement benefits–early or as late as age 70–perplexes many folks, and as we explain here at the AMAC Foundation it’s not a simple decision. There are a number of factors to consider, from health to available financial resources, and often the decision in many folks’ minds comes down to the “breakeven” point. But what about the much-ballyhooed solvency problem facing Social Security in a decade (or less) and the impact this may have on the size of benefits? Barron’s editor Neal Templin explains that the solvency-driven benefit cuts should not influence your decision, and he presents a case for that perspective in a post on barrons.com. Check it out here…