Podknife - Episode 51: Should You Claim Your Social Security Benefits Early? by Retire With Style

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Episode 51: Should You Claim Your Social Security Benefits Early?

Podcast |: Retire With Style
Publisher |: Wade Pfau & Alex Murguia
Media Type |: audio
Podknife tags |: Investing,; Personal Finance,; Retirement
Categories Via RSS |: Business,; Education,; How To,; Investing
Publication Date |: Feb 07, 2023
Episode Duration |: 00:38:15

Social Security forms the foundation of most American's retirements. And deciding when to claim those benefits is hugely important. This week, Wade is joined by friend of the show, Bob French from Retirement Researcher, to talk about Wade's new paper with Steve Parrish in the Journal of Financial Planning "Which Social Security Claiming Strategy Generates the Highest Legacy Value?" Using actual historical returns this paper examines how claiming your benefits early would have fared compared to claiming later - and what impact that would have had on your retirement. Listen now to learn more!

Links

"Which Social Security Claiming Strategy Generates the Highest Legacy Value?" https://www.financialplanningassociation.org/learning/publications/journal/JAN23-which-social-security-claiming-strategy-generates-highest-legacy-value-OPEN

This episode is sponsored by McLean Asset Management. Visit https://www.mcleanam.com/roth/ to download McLean's free eBook, "Is a Roth Conversion Right For You?"

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