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Market Volatility Have You Thinking of Social Security? Here are some ideas
To many Americans, the extreme market volatility in recent weeks is at best unnerving and, for some, possibly the cause of financial panic. But emotions and panic can often lead to poor financial decisions, which is why the best course of action right now is to stay calm and recognize that financial market events such as we are experiencing now are not at all uncommon. For sure, this is not a time to start pulling money out of your investments and taking a loss in your retirement nest egg. But it may be a good time to evaluate your Social Security claiming options, as explained in this Motley Fool article by Maurie Backman. Click here to read more.
This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.