This video discusses FIVE powerful ways to make living on Social Security alone work for you. It addresses housing, debt, cost of living and several other key areas where people spend the bulk of the money in retirement. The video ends with what I call “the nuclear option,” which will work most of the time for those receiving an average or above average social security payment. 45% of single Social Security filers and 21% of married filers rely on Social Security for 90% (or more) of their total monthly expenses. Social Security was not designed to be the primary source of income for those that want to live a financially abundant lifestyle; however, done right, and with a little ingenuity, Social Security can help ensure the recipient lives a comfortable life.
The BEST AGE to File for Social Security
October 1, 2020
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.
