When Should You Take Social Security? (Don't Screw This Up) - 574

About this episode

The episode discusses various Social Security claiming strategies and retirement planning for different couples.

Joe Anderson, CFP® and Big Al Clopine, CPA focus on Social Security claiming strategies as part of the retirement spitballs, today on Your Money, Your Wealth® podcast number 574. Bijou Plutus and her husband in Massachusetts are 62 and 64 with about a million dollars. Can she retire at 65, and should he claim Social Security early? Dr. Jekyll and Mrs. Hyde in the Twin Cities have about the same at 51 and 49, plus big pensions and high spending. Can they afford to retire early, and when should they claim Social Security? Diggler and Roller Girl in Tennessee are 57 and 58 with about $600K, and Diggler estimates his Social Security break-even is at age 77. Can he collect Social Security early and simply work recreationally? Free Financial Resources in This Episode: https://bit.ly/ymyw-574 (full show notes & episode transcript) Social Security Handbook - free download: https://purefinancial.com/white-papers/social-security-handbook/?utm_source=LibsynDestinations&utm_medium=podcast&utm_campaign=YMYW-574 Tax-Free Retirement Guide - free download…

People in this episode

Hosts: Joe Anderson, Alan Clopine

Topics covered

• Social Security
• retirement planning
• financial strategies
• claiming strategies
• early retirement

Keywords

• Social Security
• retirement
• financial planning
• claiming strategies
• pensions

Mentioned in this episode

Places: Massachusetts, Twin Cities, Tennessee

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