When to take Social Security Benefits can affect a client’s financial bottom line. When you elect Social Security is one of the most important decisions you will make in your retirement life. When you claim benefits will impact the amount of income you receive, the amount of taxes you will pay, and how you utilize your other retirement assets.
A financial advisor can help you develop a strategy to maximize your benefits. The importance of having a strategy and making an informed decision is critical as once you claim, your benefits become permanent after twelve months; there are no “do-over’s”.
