When to Start Collecting Social Security: The Pros and Cons of Waiting

29/08/2023 8 min
When to Start Collecting Social Security: The Pros and Cons of Waiting

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Episode Synopsis

On todays episode, Kevin discusses the pros and cons of waiting to start collecting Social Security benefits. He explains how delaying benefits can lead to a higher monthly payout, but it's important to consider your individual circumstances before making a decision. Kevin also talks about the importance of having a financial plan in place, and how Social Security can be a part of that plan. He shares some tips for talking to your spouse about your finances, and how to deal with unexpected financial windfalls. If you're approaching retirement, or if you're just starting to think about your financial future, this episode is for you. Listen to learn more about when to start collecting Social Security and how to make the most of your benefits. #retirement #financialplanner #financialliteracy #wealth #fyp #podcast #taxes #income  Get Your Complimentary Retirement Roadmap! Your roadmap will include: A retirement income strategy A test to see how long your money will last A tax-planning strategy     Listen to “Your Retirement Radio” podcast anytime on Apple or Spotify! 💬 Engage, Share, and Learn even more with Kevin at Madden Wealth Advisors: Facebook LinkedIn      See omnystudio.com/listener for privacy information.

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