Social Security: When to Claim for Maximum Benefits
Update: 2025-12-22
Description
When to claim Social Security: A crucial decision for retireesThe podcast episode delves into the complex question of when to start claiming Social Security benefits. The most popular age is sixty-two, but is it the best choice? The episode explains that the decision hinges on life expectancy and the total amount received over time. Using a sample monthly benefit of $1,400, the episode illustrates how waiting until seventy can significantly increase the total payout, especially for those with longer life expectancies. The episode also addresses common misconceptions about life expectancy and the programs solvency. Experts advise that most people should wait until seventy to maximize their benefits, planning as if theyll live to one hundred. Checkout Solipillow.com
DNN | The Daily News Now!
The world’s first global local news network.
Every city. Every story. AI powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
