Retire Early, Retire Now!

Social Security Explained for Early Retirees: Taxes, Timing & Strategies


Listen Later

Send a text

In this episode of The Retire Early Retire Now podcast, host Hunter Kelly, a certified financial planner, discusses everything you need to know about Social Security with a focus on early retirement. The episode covers the basics of Social Security, including how it is calculated and taxed, as well as strategic considerations for maximizing your benefits. Key points include the impact of early retirement on Social Security, the tax implications, planning opportunities for self-employed individuals, and factors to consider when deciding when to start receiving benefits. Listeners also get practical advice on how to manage their finances to optimize Social Security payouts, and a sneak peek into next week's topic on distribution strategies for an early retirement. Don't forget to leave a five-star review and share the podcast for more financial insights.

00:00 Welcome to The Retire Early Retire Now Podcast
00:27 Introduction to Social Security for Early Retirement
00:51 Understanding Social Security Basics
01:06 Maximizing Your Social Security Benefits
01:39 Listener Reviews and Podcast Growth
02:34 How Social Security is Calculated
04:35 Paying into Social Security: Taxes Explained
06:54 Self-Employment and Social Security Contributions
10:38 Calculating Your Social Security Benefit
13:06 When to Take Social Security: Key Considerations
19:06 Conclusion and Next Week's Topic

Check out the Palm Valley Wealth Management Website
PalmValleywm.com

Check us out on
Instagram
LinkedIn
Facebook
Listen to the Podcast Here!
Apple
Spotify

...more
View all episodesView all episodes
Download on the App Store

Retire Early, Retire Now!By Hunter Kelly

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

18 ratings


More shows like Retire Early, Retire Now!

View all
Sound Retirement Radio by Jason Parker

Sound Retirement Radio

451 Listeners

Your Money, Your Wealth by Joe Anderson, CFP® & Alan Clopine, CPA of Pure Financial Advisors

Your Money, Your Wealth

812 Listeners

Retirement Answer Man by Roger Whitney, CFP®, CIMA®, RMA, CPWA®

Retirement Answer Man

1,305 Listeners

Retire Sooner with Wes Moss by Wes Moss

Retire Sooner with Wes Moss

450 Listeners

Retirement Starts Today by Benjamin Brandt CFP®, RICP®

Retirement Starts Today

548 Listeners

The Retirement and IRA Show by Jim Saulnier, CFP® & Chris Stein, CFP®

The Retirement and IRA Show

755 Listeners

Big Picture Retirement® by Devin Carroll, CFP® & John Ross, JD

Big Picture Retirement®

557 Listeners

Stay Wealthy Retirement Podcast by Taylor Schulte, CFP®

Stay Wealthy Retirement Podcast

692 Listeners

Retire With Purpose - The Retirement Podcast by Casey Weade

Retire With Purpose - The Retirement Podcast

577 Listeners

Earn & Invest by Jordan Grumet (Doc G)

Earn & Invest

452 Listeners

Ready For Retirement by James Conole, CFP®

Ready For Retirement

833 Listeners

Early Retirement - Financial Freedom (Investing, Tax Planning, Retirement Strategy, Personal Finance) by Ari Taublieb, CFP®, MBA

Early Retirement - Financial Freedom (Investing, Tax Planning, Retirement Strategy, Personal Finance)

592 Listeners

Retirement Planning Education, with Andy Panko by Andy Panko

Retirement Planning Education, with Andy Panko

1,066 Listeners

Life Starts at Retirement by Maureen Dobranski

Life Starts at Retirement

30 Listeners

Retirement Answers by Jacob Duke, CFP®

Retirement Answers

100 Listeners