When Should You Claim Social Security? - Forbes
This question – “When should I claim my Social Security? – sits right on top of our list of most frequently asked questions here a the AMAC Foundation’s Social Security Advisory Service. Rightfully so, because deciding when to claim is probably one of the most important financial decisions retirees will make in their lifetime. In fact, about half of all Social Security beneficiaries say that it represents a “major” portion of their retirement income and, indeed, for some Social Security is 90% or more of their income in their golden years. Thus it makes a lot of sense to choose wisely when deciding what age to claim your Social Security benefits because that is the amount you will get for the rest of your life (except for cost of living increases). This Forbes article by Richard Eisenberg offers three keys factors for you to consider as you contemplate when to claim, one of which is to not rely on the Social Security Administration for advice on when to claim. Click here to read more.
Also, if you’re unsure about how these basics apply to you, or if you have any questions about your individual situation under Social Security, note that the AMAC Foundation provides a free-to-the-public advisory service to help Americans navigate the complexities of this program. The AMAC Foundation’s Advisors are all fully accredited by the National Social Security Association (NSSA) and several also are certified by the National Association of Registered Social Security Analysts (RSSA). Learn more about it here…