It does not make sense to wait as long as you can to claim social security in many cases.
Imagine you retire in your early 60’s. Imagine from 62 to 70, you could have a check coming in. How much money are you going to leave in the government’s bank account that could be in yours?
Click play on the video above to hear Chris Herlein explain why taking Social Security in your early 60’s may be a better tax strategy than waiting until your 70’s.
Get your free copy of Understanding YOur Social Security Benefits by filling out the form below.
Sponsored by REAP Financial. The information, advice and answers displayed in the 512 Experts, Austin Experts or 512 Health, Austin Health sections are those of individual sponsors and not KXAN-TV. KXAN-TV presents this content on behalf of each participating sponsor. Sponsored content is copyrighted to its respective sponsor unless otherwise indicated.