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The Pandemic Dilemma: Withdraw from Investments, or Claim Social Security?
In this MarketWatch opinion piece by Howard Gold, the author takes on a topic very germane to today’s circumstances - whether it is better, even in the face of pandemic-induced market losses, to cash out investments for today’s financial needs or to take Social Security benefits earlier than planned to meet those needs. The article uses an analysis by a renowned economics professor to reach a conclusion that, although the financial markets have been decimated by the pandemic, the 8% more earned each year by delaying Social Security past full retirement age is a probably a more financially prudent move over the long term. Click here to read more.
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