Social Security: When Should You Benefit?

Social Security: When Should You Benefit?

October 21, 2022

Social Security plays an important role in your retirement strategy. But, don’t forget,  the amount you’ll receive depends on the age at which you file. You can start claiming benefits as early as 62, but for each month you delay past your full retirement age you’ll receive a bonus.

Understanding how Social Security benefits work can be a challenge.  Lots of rules and complex formulas to understand. Many folks make decisions with incomplete or incorrect information could end up costing them valuable dollars. We can help. 

You should:

  • Coordinate benefits with your spouse for more lifetime benefits
  • Coordinate benefits with other retirement assets
  • Minimize your taxes so you can maximize all of your retirement assets

Visit our web page for more information on this important topic and then give us a call to review your specific financial position.  Lifetime Advisors Group: Social Security Planning