Social Security at 70 ? Think Again

Video Description

Social Security at 70? Think Again. Is it better to file for Social Security at your full retirement age, or to wait until age 70? You may have heard strong arguments for both strategies. In this video we’ll explore two hypothetical couples with similar financial profiles, and quantify the best filing strategy for both. We’ll also incorporate the possibility that Social Security runs out of money in 2033 and pays only 79% of benefits from that point forward (which is what the trustees of the plan forecast in their most recent report). 💡 Learn the 5 simple steps to creating reliable retirement income. Get the FREE guide here: https://www.threeoakswealth.com/free-guide-access-5-step/ 00:00 Introduction to Social Security Benefits 02:55 Hypothetical Situation 17:30 Final Thoughts #socialsecurity #retirement #retirementplanning