West Loop Financial LLCSave Social Security for later, when you need it most – West Loop Financial LLC https://www.westloopfinancial.com Evolutionize Site Wed, 19 Aug 2020 20:50:49 +0000 en-US hourly 1 https://wordpress.org/?v=5.1.22 Save Social Security for later, when you need it most https://www.westloopfinancial.com/2016/01/11/save-social-security-for-later-when-you-need-it-most/ https://www.westloopfinancial.com/2016/01/11/save-social-security-for-later-when-you-need-it-most/#respond Mon, 11 Jan 2016 09:00:49 +0000 http://evolvemypractice.com/?p=2510 I think we’ve been looking at Social Security retirement benefits all wrong. In the long-running debate about when to take Social Security — as early as age 62 or as late as age 70 — the focus has been on timing your claim to get the most money, in total, out of the social safety...

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]]> I think we’ve been looking at Social Security retirement benefits all wrong. In the long-running debate about when to take Social Security — as early as age 62 or as late as age 70 — the focus has been on timing your claim to get the most money, in total, out of the social safety net.

This is a circular argument that will never be fully decided until the Social Security recipient in question dies. So let’s shift the focus from the question “How do we get the most out of Social Security?” to “How do we get Social Security when we need it most?”

Read the rest of the article on CNBC.

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