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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.
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.