early filing
Take the Money and Run! Says Dave Ramsey
Snubbing conventional financial advice on drawing Social Security benefits at age 62, popular American radio personality Dave Ramsey a few years ago came out in favor of this move as a financial strategy. But, and this is a bug but,…
More Thoughts on the “When to File” Dilemma
What’s the best age at which to claim your Social Security benefits? This is far and away one of the top questions we receive here at the AMAC Foundation Social Security Advisory Service. The answer we provide generally tends to…
A Cogent Article in Support of Claiming Social Security Early
Certainly, the conventional wisdom on when to begin drawing Social Security retirement benefits depends on several key factors, like your financial position, your expected longevity and family history, and so on. Despite those considerations, age 62 remains the most popular…
Considering Drawing Benefits at Age 62? Here’s Something More to Think About.
The earliest year of Social Security eligibility is age 62. Most folks approaching that age know this, and it is still the most popular age for initial filing. But one thing that tends to get lost in the excitement of…
It’s all about realistic expectations
Social Security is a primary income source for most people aged 65 and older. You can start your Social Security retirement benefits as early as age 62. However, if you start to receive your benefits early, your monthly Social Security…
An Analysis of the “File Early and Invest the Cash” Strategy
One of the frequent questions we receive here at the AMAC Foundation Social Security Advisory Service relates to the “when to file” issue, and we typically respond with the benefits of deferring as long as possible (up to age 70)…
For Those Approaching Social Security: Some Very Basic Fundamentals
If you’re nearing a decision on when to begin drawing Social Security benefits and, especially, if you’re considering filing early, there are some very, very basic questions you need to ask yourself before taking the plunge. If you’ve created a…
Planning on Waiting Until Age 70? Here are Some Thoughts to Ponder
Choosing the correct time to begin drawing Social Security benefits involves many factors, but one common piece of advice from financial advisors is to defer as long as you can, optimally to age 70, to get a larger monthly benefit…
Important milestones to remember while retirement planning
There is no strict retirement age in the United States; however, there is one to begin collecting your Social Security benefits. You can start your Social Security retirement benefits as early as age 62; however, you are entitled to full…
Assessing Your Social Security Readiness
Social Security can be fairly complex, and anyone who has sailed those waters can tell you that there are some basic things you should know before you get to the point of claiming your earned benefits. The Motley Fool’s Christy…