Not affiliated with the US Social Security Administration

When to Take Social Security in Retirement - Think "MATH"

MATH translates to :

* Market
* Affordability
* Taxes
* Health

Health -> Take Social Security early if your life expectancy is limited

Affordability -> If you NEED the money now, maybe you need to start benefits

Taxes -> If you're still working, your up to 85 percent of your Social Security benefits may be taxed

Market -> If the stock market is way down, maybe you need to start benefits soon

Ads

Recent Content

Seven Social Security Myths

1. Social Security will cover my income needs

2. It's better to take Social Security benefits early

3. I'll receive full benefits at 65

4. Once I start benefits, I can’t work anymore

5. I won't pay taxes on Social Security

6. Once I start Social Security, I have to continue receiving it

7. My divorce will reduce my benefits

Ads


Sponsored Links

Not affiliated with the US Social Security Administration