When Should You Take Social Security?

         The BIG Question…..When Should You Take Social Security?

Should you start taking Social Security at age 62? Almost all American retirees claim Social Security at the wrong time, a new  report estimates, which means they will miss out on a collective $3.4 trillion in benefits before they die.

When to take Social Security is a key decision for America’s elderly, for whom the program has become a critical safety net. About half of older Americans get most of their income from the Social Security program.

The problem in making that ideal claiming decision can be very difficult psychologically. Balancing your savings with Social Security means, in effect, betting on when you are going to die. The optimum age to take Social Security is at age 70.

Once a decision is made concerning when to take Social Security, you have one year to change it. Of course you would have to repay the money you received. After that the decision is permanent. While it may be in the best interest of the bread winner of the family to start taking Social Security income at age 62, when they pass, the spouse would be left a reduced benefit for their life.

We have found the absolute best way to find the answers as to when to you should start Social Security is to get an analysis of your personal situation from one of the Nation’s largest financial institutions. Both the 22 page brochure and the 13 page personal analysis are free with no obligation.

If you make the wrong decision, it can cost you and your family tens or thousands of dollars in LOST life time income during retirement.






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