In this video, we'll examine how to retire before taking Social Security. This is an ideal strategy for many to maximize Social Security retirement benefits.
Bridging the Social Security gap can help retirees maximize their benefits. For example, you may want to retire in your early 60s but hold off on Social Security until your Full Retirement Age. Or perhaps you want to wait until you are 70 to get the highest benefit possible.
In this video, we'll discuss three topics:
1. How to determine if you can afford to delay Social Security 2. Whether there are any tax strategies to consider 3. How you should invest the money you'll need to spend until Social Security benefits begin
While still working as a trial attorney in the securities field, I started writing about personal finance and investing In 2007. In 2013 I started the Doughroller Money Podcast, which has been downloaded millions of times. Today I'm the Deputy Editor of Forbes Advisor, managing a growing team of editors and writers that produce content to help readers make the most of their money.
I'm also the author of Retire Before Mom and Dad--The Simple Numbers Behind a Lifetime of Financial Freedom (https://amzn.to/3by10EE)
DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. Your investment and other financial decisions are solely your responsibility. It is imperative that you conduct your own research and seek professional advice as necessary. I am merely sharing my opinions.
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