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Squeeze 24% More Out of Social Security
As Christy Bieber explains, Social Security provides guaranteed retirement income for life. Therefore, maximizing monthly benefits is a good strategy for many. By delaying Social Security benefits until age 70 allows people to squeeze 24% more out of this retirement benefits program. But waiting until 70 is not always possible for all. Considerations include having an income stream until age 70, spousal benefits, and health and longevity predictions. Full piece here.
The AMAC Foundation offers a free-to-the-public advisory service to all folks ageing into–or already in–Social Security. This service provides guidance in understanding the complexities of Social Security and the myriad rules and regulations associated with the process for claiming benefits, with NSSA-Certified Social Security Advisors available via email or telephone to discuss options. Learn more about this service via the Foundation’s website.