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Social Security Timing: Age 62 vs. 70

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Patrick King

Prana Wealth

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retirement

financial advisor

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Автор: How To Retire

Загружено: 28 июл. 2022 г.

Просмотров: 2 937 899 просмотров

Описание:

They say timing is everything. But when it comes to timing Social Security benefits, how much difference does it make?

📊 The updated version of the spreadsheet referenced in this video:
https://learn.howtoretire.co/blueprint

📗 Timestamps
0:00 - Timing Social Security
0:43 - Early application
2:31 - Delayed application
3:50 - Assumptions
5:02 - Assumptions: savings
5:33 - Results: Apply at 62
6:48 - Results: Apply at 70
8:32 - Results: Apply at FRA
9:15 - Other factors to consider
10:18 - Will Social Security survive?

#pranawealth #patrickking #howtoretire #retirement #retirementplanning

🔗 Visit us: https://www.pranawealth.com/

-- About Patrick King CFP® --
Patrick King is a fee-only financial advisor in Atlanta and the Founder of Prana Wealth. Over his career, Patrick has helped CEOs, all-star athletes, Grammy-winning artists, and many others build their wealth, retire sooner, and create a legacy. Patrick enjoys yoga, mountain biking, golf, travel photography, and Clemson football.

Let’s connect:
LinkedIn – PatrickBKing
Facebook – @pranawealth
Instagram – @pranawealth
Twitter – @PranaWealth
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DISCLAIMER: This is a publication of Prana Wealth Management LLC. All opinions of the authors expressed herein are as of the date of publication and are subject to change. Any information presented herein is not an offer to buy or sell, nor a solicitation to buy or sell any securities or products mentioned. Any investment, tax, legal, or estate planning or information is to be considered general in nature and is not intended as personalized financial planning advice. Always consult a financial, legal, or tax professional regarding your specific situation. Different investments have varying degrees of risk and there is no assurance that they will be suitable for a particular person’s portfolio. Past performance is not indicative of future results. Prana Wealth Management LLC is a registered investment adviser in the state of Georgia and other states where it is excluded or exempted from registration requirements. Registration as an investment adviser does not constitute an endorsement from securities regulators. Prana Wealth Management LLC receives compensation from YouTube for the presence of advertising before, after, and during this video content. Prana Wealth Management LLC does not control the content or presence of any advertisements. The presence of any advertisement does not constitute an endorsement of the ad, company, entity, or product by Prana Wealth Management LLC.
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Social Security Timing: Age 62 vs. 70

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