When to file for Social Security? | Ep 26
Update: 2025-07-16
Description
Link to my 2 favorite reasons to file EARLY: https://youtu.be/RViqvYxeJD0?si=ehpy2sBDRwuKTLNk
WHEN DO WE FILE?
Why you might choose 70?
- benefit maximization over the long term
- caring for the lower-earning spouse
- good hedge against inflation
- can be a better position for Roth Conversions
- don't want to worry about the earnings limit
Why 67?
- when it doesn't benefit to delay (spousal benefits anyway)
Why 62?
- you need the money now; can't afford to delay
- you want to open up someone else's ability to draw off of your benefit (dependents or spousal benefit)
- your spouse isn't expect to live their full lifespan
This is not a comprehensive list; there are some of what I find most notable. This is not personalized advice; rather, general financial education.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
