Are you single and nearing retirement? Then your Social Security strategy could make or break your retirement income. In this episode, we dive into Social Security strategies for single individuals—those who don’t have a spouse to rely on for spousal or survivor benefits. Retirement expert Tom Mosley explains why when you claim Social Security matters even more when you’re flying solo, and how to avoid common mistakes that could cost you thousands over your lifetime.🔍 In this episode, you’ll learn:•Why delaying your benefit may be your best financial move•How to protect against longevity risk as a single retiree•What to consider if you’re planning to work while collecting•Tax implications and coordination with other retirement income👉 The Social Security Administration won't offer you personalized advice, but this episode will help you ask the right questions and begin creating a strategy that fits your life.Jump to a segment using the 𝘁𝗶𝗺𝗲𝘀𝘁𝗮𝗺𝗽𝘀 𝗯𝗲𝗹𝗼𝘄! 👇
TIMESTAMPS00:00 Social Security Strategies for Singles00:45 Why Social Security Administration Can’t Provide Strategies01:44 Why timing Social Security is so important02:40 Why delaying your social security may be a better choice04:14 Consider your longevity & health06:25 Consider Taxes & plan for them07:39 Be strategic with your Social Security09:55 How to get help with Social Security strategy
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