When to Take Social Security – 3 Uncommon Factors to Consider

In This Video:

Social Security will be a big piece of the retirement income puzzle for most Americans, but they don’t always give it as much thought as it deserves. Let’s make sure you are thinking through some of the biggest factors before you claim your benefits.

Things to Consider:

When deciding when to take Social Security, the primary factor most people consider is longevity because you want to determine the payback period based on when you’ll pass away. While that’s very important, there are a number of factors you’ll want to weigh before making a final decision on when to claim your benefits.

In this video, Scott will highlight three key factors that could potentially increase your lifetime benefit, maintain the income you need for your lifestyle, and potentially reduce your long-term tax burden.

Here’s what we cover in this financial video:

0:00 Intro

1:01COLA = Cost of Living Adjustment

4:48 Spousal Benefits

7:34 Tax Impacts


Free Guide to Unlock Hidden Tax Savings Opportunities: https://lifemoneyshow.com/taxes/


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