This video, 5 Indicators That You Should Take Social Security NOW, discusses the times when it makes sense NOT to wait until Full Retirement Age (or beyond!) to file for Social Security. The big idea is the discussion of the trade-off of the ‘currency of money’ versus ‘the currency of time.’
Importantly, the video highlights that the retiree should not file early if they put their future health, of financial safety at risk.
The BEST AGE to File for Social Security
This video discusses the things to think about when deciding on when to take social security. It compares breakeven analysis against real life situations where that might not be the best choice for someone who want to claim Social Security early or after Full Retirement Age.
What Would LeBron’s Monthly Social Security Check Be if The Earnings Cap Was Removed?
There are a lot of discussions about the best way to deal with the Social Security shortfall, currently projected to occur in the fourth quarter of 2032 for the Old-Age and Survivors Insurance (OASI) Trust Fund. At that time, if nothing is done, Social Security will have enough incoming revenue
How Is Medicare Funded? Who Pays for Part A and Part B?
Most people know Medicare comes out of their paycheck long before it ever pays a doctor’s bill. But how is Medicare funded, exactly, and does that answer change once you’re actually enrolled? It turns out Part A and Part B are paid for in two very different ways, and knowing
Spousal Benefits When Both Spouses Worked
If you’re asking how does Social Security spousal benefit work once both spouses have their own earnings record, here’s the short answer. Social Security pays your own retirement benefit first, then adds a spousal benefit if necessary to bring your total up to the amount you’re entitled to under a