You’re in your early 60s and planning to retire with around $1.5 million saved. Now you have a huge decision to make with Social Security. Do you take it at age 62 or wait and let it continue to grow, possibly even to age 70 to receive a bigger benefit.

Working with a lot of people in this situation, we understand that it can be a stressful time. With no income or paycheck coming in, it can make you uncomfortable trying to make a decision that will impact you throughout retirement.

In this video, we’re going to walk you through a sample case to show you how we’d help you determine when to claim Social Security. We’ll talk about three factors you’ll need to consider because they could make a difference between hundreds or thousands of dollars.

Here’s some of what we discuss in this episode:
0:00 – Intro
0:43 – Hypothetical details
4:48 – Social Security decisions to make
8:32 – Projections
12:087 – 1st Factor - Longevity
17:51 – 2nd Factor – How much has he saved
21:40 – 3rd Factor – Cost of living

Begin the 'Max My Retirement' Gameplan here: https://sierensfinancialgroup.com/wor...

Want to learn more about financial and retirement planning? ➟ https://bit.ly/3tcS3vn

_____________________________
CONNECT 🤝
Facebook:   / sierensfinancial  
LinkedIn:   / scott-sierens-sfg  
Podcast: https://lifemoneyshow.com/podcast/

_____________________________
CONTACT ☎
Website: https://lifemoneyshow.com/
Phone: (847) 235-6989
Email: [email protected]
Appointment: https://calendly.com/sierensfg/intro-...